Every year, car owners have to renew their insurance policies. This is a mandatory car insurance policy that the state requires car owners to buy, as well as comprehensive and third party insurance policies that they can choose whether to buy or not.
Each of those car insurance policies has its own purpose. Mandatory car insurance is designed to finance treatment costs for drivers, passengers or pedestrians who may be injured as a result of a traffic accident by the driver, so that he does not have to finance the treatment costs out of his own pocket. Third-party insurance protects it against claims by the owners of vehicles or property damaged as a result of an accident with it, while comprehensive insurance is designed to deal with injuries and damage to the vehicle, one of its internal or external parts, its theft and third-party coverage.
car insurance renewal, It is done as mentioned once a year. The policy expires on a specific date (usually a year from the date of its purchase) and in order to be able to drive the vehicle legally, it is necessary to renew compulsory insurance before this date. Also, in order for the vehicle and the driver to be insured, if, God forbid, he is involved in an accident or suffers some damage, then a comprehensive and third-party insurance policy must be renewed, before the previous policy expires.
How to renew car insurance correctly
Before we explain what needs to be done in order to renew car insurance correctly, it is important to clarify that you are not obligated to renew insurance with the same company where you purchased the policy a year ago. If you discovered that another company gives you better conditions, at more attractive costs, there is no reason for you to stay with the same company.
Therefore, the first and most important thing you should do is go to the WOBI website and compare different policy offers. Through the site you can also learn about different policies, compare them, receive offers from insurance companies and decide which offer is worthwhile for you.
Naturally, before renewing car insurance, you need to examine what has changed, both on your side and in general. For example, if new drivers have been added to the vehicle, if the status of the drivers has changed or anything else, it has an effect on the renewal of the policy. Also, any change that occurred in the field will surely affect, one way or another, both the offers you will receive and the costs you will have to pay. That is why it is important to check what has changed and act according to the changes. There should be a match between your new needs and the renewed policy you wish to purchase.
If you are interested in purchasing an insurance policy from the same company where you purchased it a year ago, it is recommended to check whether the terms of the policy have changed. The changes can be reflected both in the conditions, both in what the company provides you and, of course, in the costs. If you were satisfied with the previous policy, you will most likely want to get the same policy, so it is important to be careful and check if the company has made a change.
In any case, it is better to compare policies and prices, so that you can get the best offer. As mentioned, through the Wobi website, the leading insurance agency in Israel for comparing and purchasing car insurance, you can do so and get quality and reliable results and purchase the most affordable offer for you.
This article is promoted content in partnership with Wobi.
