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



0% EMI- A trap or a saviour?

Ravishing sale on an online e commerce site and you’re super tempted to buy that new gadget or an appliance for your domestic use? The rush of various banks and e-payment sites offering numerous discounts when you select them as your payment method can be so tempting. And if you exhaust your limit of finances and end up with buying all you can with that savings of yours, you are still tempted and pampered by those EMI schemes available of those online shopping sites. The options are limitless! But are they all really worth your attention?

What grabs your attention fast, is the 0%EMI Offers as you chose to buy a product. But wait! Before being impulsive and falling prey to the trap of zero percent EMI, make sure you get your facts right. Remember these simple facts that most banks and other financial money providers tend to complicate it for you and it often makes you jump in a pool of depts that you are unable to pay off later.

Are the products worth buying in installments!

We all know that you buy something in instalments when you couldn’t afford to pay for all together. But what’s the use of buying a product worth say for example of 13000 in Instalments with 0%interest and actually pay 15000 for the same product combining those EMIs? Don’t you think the 0% interest in this case is actually covered up by giving those extra amount! Hence, while shopping minor items, you actually don’t enjoy the privilege of 0% interest, but pay it later on, just a little late!

Do you really get a 0% interest on cars and home loans??

The biggest quest of the day! Well, the answer seems tricky and blunt but actually if you are not amongst the so called secure financial background people, you don’t get a 0% interest benefit in your cars and home loans! It may be minimal, with low EMI benefits, but interests are added to your loans. While, even if through complex connections and great financial history, you are successful to get a 0% interest for your home or car loan, it actually doesn’t last more than a year. After the completion of the first year, you’ll be destined to pay EMI, Interests and additional costs which would be better explained by the financial services themselves!

Well, now when you get that odd calls promising you 0% interest on all loans, think again, inquire more and always, READ THE DOCUMENTS CAREFULLY!!