As a Bentley owner, you should take all measures possible to protect the car of your dreams. Selecting the best insurance for your Bentley is one good way to ensure your asset is safe. Here is a guide to help you select the right insurance for your Bentley.
Understand Your Insurance Needs
- How frequently do you use your Bentley? If it is used only occasionally, you will probably not require the same insurance as a person who uses their Bentley every day. Occasional drivers may go for a cheaper premium while daily drivers may require more coverage.
- Where is your Bentley parked? If you have a garage with security features, it is likely that your car will be safe from theft or damage and this will likely influence your insurance rate. Vehicles that are parked in secure places like in the garage are relatively cheaper to insure compared to those that are parked by the roadside.
- What is your car worth? It is also important to know the current market price of your car so that you can know the amount of coverage you need. This helps in making sure that in case of any loss, you are well protected. If the car is expensive, then you may require higher limits to ensure that you are adequately insured.
Shop Around for Quotes
It is advisable to compare the insurance quotes of different insurance companies to get the best insurance for your Bentley. Here’s how to do it:
- Online Comparison: To compare quotes offered by various insurers, it is recommended to use online resources. These tools help you to compare prices and coverage plans side by side and help you choose the best plan.
- Contact Insurance Agents: Getting in contact with insurance agents is a good idea because they can give more detailed information and tell you the specifics of each policy. Agents can assist in adjusting the coverage according to the client’s requirements.
- Ask for Discounts: Insurance companies have a tendency to provide their customers with some form of discount in a bid to encourage people who take multiple policies, those who have clean records when it comes to driving, and those who have installed some security features in their Bentley. Ensure you ask if there are any discounts that could reduce your premium.
Consider the Deductible
The deductible is the amount that the policyholder has to pay first before the insurance company begins paying for a claim. These are the points to bear in mind when deciding on the amount of the deductible.
- Higher Deductible, Lower Premium: Choosing a higher deductible will mean that you will be expected to contribute more out of your pocket in the event of an emergency but will cost less per month. This can also help you to cut down on insurance costs that are associated with your car. But you must be sure that you are willing to pay a higher premium and out of pocket if ever there is a time that you have to make a claim.
- Lower Deductible, Higher Premium: Selecting a lower deductible means you will have to part with more money in terms of the monthly premiums. This is balanced by the fact that you are likely to spend out-of-pocket a relatively smaller amount in case of making a claim. This option gives a sense of security that one will not be forced to make a huge payment in case something happens to your Bentley.
Review Your Policy Regularly
After you have chosen the most suitable insurance policy for your Bentley it is advised to periodically check your insurance options. Your lifestyle and the insurance requirements are likely to change over the years. If you start to use your Bentley more or less often, you will probably have to change your coverage. Major life changes that may affect insurance needs include; changing residence, marriage, or purchasing a new home. The value of your Bentley may increase or decrease over time, therefore it is important to adjust the coverage amount. This way, you are sure your policy is still adequate to cover the current value of your car.
Book An Appointment Now
We are Mark Douglas Motorworks – the best exotic automobile repair and service company based in Orange County. Our garage is in Mission Viejo, CA and we service Bentley vehicles from places like Lake Forest, Irvine, Huntington Beach, Costa Mesa, Laguna Hills, and Laguna Niguel, CA. If you wish to retain the beauty and performance of your luxury car, we are the shop for you. You can contact us anytime by calling us at 949-472-8842.