Easypaisa Car Insurance can be availed by paying a premium price of 2.5% of the car’s market value per annum.

Unlike conventional car insurance policies, customers can subscribe to Easypaisa Car Insurance and avail ‘third party insurance’ and ‘terrorism cover’, or going as far as to cover the ‘car mechanical insurance’ that has never been offered in Pakistan before.

Easypaisa Car Insurance covers everything that competitive insurance plans cover, and adds even more! Easypaisa Car Insurance covers engine breakdown, drive axle, transmission, suspension, steering, cooling system, electronic systems and more.

Furthermore, the client is not required to submit any lengthy documentation; they can simply call the Easypaisa helpline at 3737 and an authorized surveyor will guide them through the process.

Such universal availability with an easy process makes this car insurance plan accessible to an unparalleled number of people.

The process for Easypaisa Account subscribers is even easier as they can sign up for Easypaisa Car Insurance through an SMS command. Soon, customers will be able sign up for Easypaisa Car Insurance by visiting Easypaisa shops, Telenor Sales & Service Centre and Telenor Franchises across Pakistan.

Ali Riaz Chaudhry, President and CEO of Tameer Bank said,

“With Pakistan’s fiercely growing automobile industry, subscribing to a reliable car insurance policy has become a prerequisite for every car owner. Digitally empowered, Easypaisa Car Insurance is here to address all the needs of our customers.”

Muhammad Yahya Khan, Head of Easypaisa said,

“Our valued customers are the source of our motivation to offer convenient and affordable car insurance with features that are completely unprecedented in the Pakistani market. From signing up to making claims, all has been made possible from your mobile phone, without the need of conventional laborious paperwork.Now every car holder can rely on an affordable and yet comprehensive insurance plan for their car.”

Mian Shahid, Chairman United International Group said,

“We admire how Easypaisa digitized insurance’s overall claims process. With Easypaisa’s visionary leadership, we hope and wish to work on delivering first-rate insurance products throughout the country.”

Easypaisa’s new Car Insurance plans offers cheaper pricing, better coverage, and is available to more people than ever before. With car insurance, Easypaisa continues to demonstrate the benefits of digital financial services for the common man.

Khurram Zahid

The post EasyPaisa Collaborates With United Insurance To Offer Car Insurance! appeared first on Smartchoice.pk.

Getting insurance is only half the part. However once you’ve got insurance, you can drive around worry free even in the congested traffic in rush hours because if GOD forbid you run into any accident you can simply call your insurance company up and file a claim with them.  Sounds pretty simple right? But what if we told you that you could benefit by actually not claiming insurance every time? Yes it can really help you save money in the long run if you file your claims smartly. Below we will tell you how you can save up by not filing up a car insurance claim. Mentioned below are some scenarios that can help you understand how this works.

Scenario 1:
You run into an accident and the damage to your car is so minor that it doesn’t affect your daily driving or is cosmetic only and not mechanical fault then it would be sensible enough to let it be until your car accumulates enough damage  or if the cost of getting it fixed is not much then you can get it done yourself instead of getting it claimed. The benefit here is twofold. One being that your no claim bonus will stay intact and you will end up paying lesser annual premiums next year.

Scenario 2:
If you really like to keep your car in top shape and claim your insurance on each and every incident of damage, this could work against you and the insurance provider might decide to increase your annual premium due to your increased claim rate or might end up replacing your damaged parts with pre-owned parts instead of new ones.

Scenario 3:
If you run into an accident, and have minor injuries and think that first aid can be enough for you, then it’s better not to file a claim as again it will hurt your no claims bonus and bring it down to zero. Also if you have Third Party Liability insurance, and you run into an accident and damage the other person’s car due to your mistake but the damage is minor then again it’s better to settle it personally instead of having the insurance company being the mediator.

Scenario 4:
Another thing that’s as important as others is that deductibles also come into play whenever you have an accident and file a claim with the insurance provider. So for e.g. if the damage to your car is minor and the deductible comes out to be lesser than your no claim bonus at the end of the year, then it’s better to get it fixed personally or just leave it as it is because you’d be letting go of your no claim bonus which could’ve saved you more money than getting your damaged car fixed. Hence file your claim wisely.

Following the above tips you can easily save money in the long run and lower your annual insurance premium costs while still having the safety bubble of insurance in case any untoward incident happens. Some reputed car insurance companies in Pakistan include EFU, Adamjee, Jubilee and IGI.

Khurram Zahid

The post When NOT To File A Car Insurance Claim? appeared first on Smartchoice.pk.