Published on the 21st October 2024
What Are The Benefits Of Motor Insurance Quotes?
Reading Time: 5 min read
For some people, the process of putting an insurance policy in place can be time-consuming and confusing. With internet searches, consumers may sometimes feel a little overwhelmed with the amount of information available about motor insurance quotes.
Discovering the benefits of motor insurance can help you secure the right policy that suits your vehicle and your needs as a driver.
With a wealth of information available online about motor insurance, how do drivers, particularly those new to the market, know how to choose the right motor insurance policy for their vehicle?
Contents
- What is a motor insurance quote?
- What are the benefits of motor insurance quotes?
- Easy motor insurance quote process with GasanMamo.
What is a motor insurance quote?
Understanding what is a motor insurance quote can be a helpful place to start. Motor insurance provides coverage from financial liability in the case of an accident or damage to your vehicle that occurs when someone is driving or when it is not in use. It can also provide financial compensation to you for damage to the vehicle and to other people who suffer a loss if there is an accident or injury.
A motor insurance quote is an estimate of how much premium you would pay to insure your vehicle so that you can drive on public roads. In addition, this quote would be accompanied by detailed information as to what cover you are buying, including the costs of optional add-on cover and on any limitations or restrictions on the policy.
An example of this would be that a third-party only motor insurance policy will show the maximum limits payable as compensation to others if you cause them damage or injury. It would also show restrictions as to who is allowed to drive your car, and any excess (the first part of every claim) that you would have to pay.
A motor insurance quote will also inform you about what discounts you might be able to earn, such as if you insure more than one car or have more than 1 year claims-free years. It’s good to note that most motor insurance quotes will give you different cover options, which may help you decide on the policy you want to buy.
In order to get an accurate motor insurance quote you will generally have to share personal information on an insurance website or an insurance provider so that risk factors can be taken into account when preparing your quote. Some risk factors include driving history, previous motor accidents or annual mileage.
What are the benefits of obtaining a motor insurance quote?
Truthfully, there are multiple advantages in getting a motor insurance quote. It will give you the context around how much your motor insurance might cost for the next 12 months and what makes up that price, so that you may have the opportunity to consider changing it.
Here are four major benefits of motor insurance quotes to help you gain clarity:
- Planning opportunity
Informing yourself about the cost of motor insurance gives you the chance to plan your finances in advance without feeling rushed.
- Understanding your options
When you start to look into the details of a motor insurance cover and quote that you receive, you can get a deeper insight into the extent of your coverage. This can help consider what changes you may want to make in the type of cover you have if your circumstances change.
For example, you may want to consider comprehensive insurance cover if you have a family or buy a more expensive vehicle. Additionally, your quote may also alter if you want to have more than one named driver on the policy.
- Saving money
Preparing ahead of time could potentially create cost efficiencies when considering your motor insurance quote. Researching this at the last minute may result in a higher insurance cost policy that you need in place immediately. Planning ahead can help you secure a quote in line with your expectations.
- Securing the right policy
Putting in the research, asking questions and thinking about your specific needs as a driver can all help you find the most appropriate motor insurance quote for your vehicle. Once you have the quote, it only takes a short amount of time to secure this as your approved motor insurer.
You may also be able to add some additional benefits offered by your insurance provider to obtain wider protection from your policy. Asking your provider about additional features will help you explore your options and see what you can achieve.
Easy motor insurance quote process with GasanMamo
If you’re wondering how to get an insurance quote for motor vehicles, you’ve come to the right place. As Malta’s most popular and experienced motor insurance provider, we deliver cost-effective and comprehensive quotes to drivers every day of the week.
Plus, all of our motor insurance policies are easy to understand with your needs at the centre of everything we do. You’ll be able to find the right type of cover for your vehicle which also fits into your lifestyle and budget.
Our motor insurance quote process is quick and simple. We ask some essential questions to gather information about you and your vehicle then use this to create a competitive quote.
Gasanmamo’s motor insurance policies offer additional benefits ranging from discounts for multiple vehicles to free roadside assistance. Discover your next motor insurance policy with us.
Get a quote today, or contact our team for a chat.
GasanMamo Insurance is authorised under the Insurance Business Act and regulated by the MFSA.