G’day, petrolheads! Let’s talk about something that might be costing you a few extra bucks – over-insurance for your wheels. Now, I know we all love our rides and want to protect them from any mishaps on the road, but sometimes we go a bit overboard with the insurance game.
Are you paying for more than what your jalopy needs?
No worries, cobber! It’s time to take a good hard look at your car insurance policy and ask yourself if it’s really worth it. Sure, having comprehensive coverage can give you peace of mind when cruising down those Kiwi roads, but do you really need every single add-on under the sun? Take a moment to consider if that fancy windscreen protection or kangaroo collision coverage is truly necessary.
The lowdown on deductibles
Aye bro, let me break it down for ya. Deductibles are like the entry fee to claim town – the amount of moolah you gotta cough up before your insurer starts chipping in. If you’ve got an old banger worth less than a packet of Tim Tams, why bother with a high deductible? You’ll end up shelling out more dough just to get some help fixing her up after an accident.
Beware of double-dippin’!
Matey, here’s another thing to watch out for – double-dippin’. Some folks have their cars covered by both their auto insurance and credit card companies without even realizing it. So before splashing cash on unnecessary extras like rental car reimbursement or roadside assistance through your insurer, check if they’re already included in other policies you hold.
Time for some honest reflection
Alright, cobber, it’s time to wrap things up. Take a moment to reflect on your car’s value and your own driving habits. If you’ve got an old rust bucket that barely makes it down the road without wheezing, maybe it’s time to reconsider those hefty premiums. Remember, there’s no point in insuring something for more than its worth – unless you’re planning on turning her into a work of art for the scrapyard.