The fact that car insurance is absolutely essential is not rocket science. If you drive a car, a lot of things can go wrong with it. It could get damaged in an accident. You could be hi-jacked or your car could be stolen. Someone could possibly even break into it while it’s parked somewhere and steal valuables that you left inside.
So it’s a no-brainer; you need to be covered so that you don’t have to pay an arm or a leg to buy a new car, fix the damage or replace any of your contents if they are ever stolen. What many don’t ever stop and think about though is that car insurance is pretty much a two-way street, as it’s not only the responsibility of the insurance company that you’re insured with to keep you covered. Let’s explain why…
The layman’s definition of car insurance
Your car insurance is an agreement between you and your insurance company. On the one hand, your insurance company undertakes to carry the potential risk for you and to pay you the agreed sum of money, should any of the incidents that you’re insured for actually happen. You on the other hand, undertake to pay a monthly premium for that benefit.
Now think about how much your insurance company would have to fork out to replace or fix your car for you… And all you have to do for that kind of peace of mind; is to pay your car insurance premium when you said you would. Great deal for you, don’t you think?
How to pay your way to super cheap car insurance at King Price
At King Price, we always have the best interest of every one of our royal family members at heart. So let’s have a chat about the nitty gritty of your car insurance payments that you need to take care of when you’re insured with us, to make sure that the king always has you and your precious belongings covered…
No payment = no cover… To make sure that we run a good and proper business that you can always count on, we can’t take the risk to cover you if you haven’t stuck to your end of the bargain and paid for it. So we can’t backdate cover or collect the premium at the end of a month that you’ve enjoyed cover for. Unfortunately, if we haven’t received your payment for two months in a row, your insurance policy with us will automatically be cancelled too.
Debit orders help you to not forget… To make sure that we’ve got you covered, we don’t take cash payments or EFTs. We’re all human and it’s just too easy to forget about them. We will however be more than happy to set up a debit order for a date that best suits you.
You can choose the date that you’d like to pay on… As is the case with any car insurance, you have to pay for it in advance. But we give you plenty of options so you can choose to pay on the 1st – 4th, 15th, 20th or 23rd – 31st of the month, as long as it’s paid for upfront.
Pro rata premiums are payable immediately if you join in the middle of a month… If you join us on a different date than the date you want us to debit your account on, we’d have to collect the portion of the premium that is due to us in advance. For example, if you join on the 15th and you asked us to debit your account on the 23rd; we’d have to immediately debit your account for the amount that you owe us for the 15th – 23rd.
The king and his court take pride in the fact that our super cheap car insurance comes with red royal carpet treatment too. So should you have any further questions about payment of your premiums, please feel free to give us a call on 0860 50 50 50 or pop us an email, [email protected].