Mistakes are bound to happen no matter how picky you are when it comes to choosing your B Double insurance policy. If you don’t want to end up regretful of the choice you made, be aware of these 5 common mistakes at all costs.
Mistake #1 – Accepting the very first offer you come across
Never commit this mistake of accepting the very first insurance offer you come across from a prospective insurance company. I recommend you get your broker to get at least 3 reputable insurance companies to prepare a B double trailer insurance quote and compare using factors such as price, extent of coverage as well as the ongoing support you should receive.
Mistake #2 – Not asking the right questions
Another mistake that first time buyers of insurance policies commit is not asking the right questions. I suggest when you meet with the prospective insurer that you bring along a list of possible questions that you feel will choose the appropriate insurance policy to cover your trailer’s protection. Among the frequently asked questions that you can ask without offending the insurer are:
How much coverage can I get for my B double trailer?
What are the basic requirements to comply with my insurance policy?
Are there any terms or conditions of the policy that might mean a claim is declined?
Can I change my insurance policy coverage anytime?
Will my insurance broker assist me when filing my insurance claim?
Mistake #3 – Not checking on their profile
One of the biggest mistakes of a client on the lookout for a comprehensive B double trailer insurance is taking time to check the prospective insurers/brokers profile. To ensure you will not be left alone during your most challenging moments of possibly facing court litigation due to a major collision resulting to a third party’s physical injury, be sure to investigate the background of the insurer/broker with regards on the support given to clients who have purchased insurance policies. Be sure the insurer/broker you are dealing with is legitimate, reliable and can be there to support you throughout your insurance claim processing.
Mistake #4 – Choosing the basic insurance policy coverage
If you aren’t properly guided during your insurance purchase, there is a huge possibility that you will buy a inappropriate insurance policy. If you were to choose basic coverage over the comprehensive insurance, your B double trailer is more exposed to all sorts of unpredictable events. If in doubt over which type of insurance a few minutes with a specialist broker and they will be able to tell you how to get the best products at the best price.
Mistake #5 – Not mindful of your investment
If you are the type of buyer who doesn’t care about value for money and doesn’t worry about the cost as long as you have the coverage, this could be your downfall in the future. As a paying client, it is your responsibility to ensure you can afford the monthly or annual premiums. So, take advantage of the cooling off period, assess if you can really pay these monthly obligations and from there make a final decision on what type of insurance to buy. Keep in mind, if you decide you can’t afford the premiums down the track the insurance policy might cancel at a time you need it the most.
Truck Insurance HQ specialises in the truck and transport industry and their team of brokers can assist you with your B Double Trailer insurance. Request a quote online or call our Insurance advisers in the office on 1300 815 344 .