5 THINGS YOU SHOULD KEEP IN MIND WHILE BUYING CAR INSURANCE

 We all love our cars, whether its our first or our third, we treat it like a baby. But the roads are rough and full of surprises. Of course, we cant avoid the accidents, we can protect ourself from going down with it financially. Therefore, before you choose your car, choose your car insurance. And if youre still struggling through the things you must keep on your checklist while buying your car insurance, we have you covered with the top 5: 

 

1. High deductible means low premium  Theres a price that car insurance companies decide in case you meet with an unfortunate incident. Therefore, if you ever increase the deductibles which will lead them to lesser amount to be paid during your claim, they will offer you a lower premium. Make sure that you only choose the option if youre prepared to pay the deductibles in future. 
2. Your No Claim Bonus (NCB) is transferable: If you ever upgrade your car in future, you can get your estimate NCB transferred to your new car. In fact, you can even transfer your NCB if you choose a new insurer. 
3. Understand Zero Depreciation Cover – While choosing your car insurance, you need to keep depreciation cover as the best option. You can get full settlement in this cover without accounting for the depreciation value. In short, if you ever get into an accident, you this cover will help you get full cover without paying any depreciation cost. Although the premium would be higher for zero depreciation, but its worth the cost. 
4. Make sure the accessories are covered – Not everyone will tell you this, but many insurance companies offer full cover for your car accessories as well. Yes, it doesnt come in the normal plans, but you can get one customised to suit your best needs. It might increase your premium, but at least you will have your beloved accessories insured. 
5. Your engine can be insured – You might not know it, but your engine is also something you can insure. This means, you will not have to pay for the repairs if your car breaks down because of damages not caused due to an accident. Well, we all know how expensive those engine repairs are, so why take the risk for a little more premium?

While these were just 5 things you should keep in mind while buying car insurance, theres a lot more than you need to avoid as well make sure of while signing the deal. I say your best bet would be to choose an expert and let him guide you in your journey. And if youre looking at finding an expert, choose the best at http://www.insureefficient.com

 

 

Best online shopping payment options!

      Universe is revolving! From games, dictionaries, books to shopping malls, everything has entered our smartphones and are awaiting for our finger touches to get operated. This mobile revolution opens up millions of options of trades, transfers, shoppings and other business interactions too. While everyone is using this opportunity of digitalisation the best way, so does the online shopping criteria.

Online shopping checkout options

 Online shopping!   

    Scrolling through innumerable products, checking the specifications, entering necessary details and then comes the main process of checking out! The process in which you enter an option for your payment of the purchased product. There’s where we are often either confused as to which option would be profitable, where in you can gain points or cash backs and earn while you spend or do the mobile banking transactions which just provides the funds from your accounts and hence you are worry free of paying anything later.

Checking out your purchases!

         The benefits in these options can be tricky and changing with changing seasons and offers. For example when you shop from the end of the seasons sale from certain e-shopping sites, you get around 5% cashback on each purchased items. Sometimes the product expenditure has a limit, sometimes it doesn’t. Hence, the products you buy during that time should be best bought paying through those credit card options.

Credit cards

          

Credit cards

     Credit cards are the most preferred mode of transfers on ecommerce sites. Whether its groceries or fashion shopping, credit card payments take a key role and offer max offers when used. Some of the time you get cashbacks from both the sides, from commerce site immediately and later as points gained through the cards.

Debit cards

         Debit cards are a great option too. But the cash back offers for these are limited. You gain those points no doubt, and it’s sole benefit is that you pay from your savings, hence no issues of pending bills to be cleared. And limiting your shopping is another great benefit of using debit cards as checkout method too.

Online banking

        Online banking is similar to debit cards, but there’s no chance of gaining cashbacks or redeemable points at all. It’s just another mode of payment with no gain and no pain.

Cash on delivery(COD)

        Cash on delivery can be tricky. It has its pros and cons equally. While you pay after checking the product you bought, there’s always a fuss about getting exact changes at the time of delivery. Again, there are absolutely no offers on cash on delivery mode of payments. Again, though buyers prefer cash on delivery on most of the electronics and gadget shoppings where they consider getting their products at home and then pay, there’s always a question of the honesty of the person delivering the order.

International payment options

         International/ national payment apps

      Payments through online payment apps like paytm, mobikwik, PayPal are also quite trustworthy and preferred mode of payments. Even they offer handsome rewards on more purchases for the buyers and extra discounts on most of the products.

           Hence, the next time you go in for a digital shopping spree, make sure you’re well versed with the above benefits and loss that you may get through your billing process.