Vehicle insurance has a long way to go in Peru. More than half of the cars only have the SOAT, which means that in the event of an accident, the expenses incurred for the damages suffered by the vehicle will have to be covered by the same driver.
But why don’t people want to buy insurance?
First, most people think that it is an expense rather than an investment. They do not see the utility in having this product, since they do not consider that they are going to use it, so the money paid will be as if they were giving it away. But the truth is that you never know when something can happen to the car, whether driving or parked and it is better to be prepared than to be surprised by unpleasant circumstances.
Drivers distrust insurers
Because they think that at the time of making the claim, they will put thousands of obstacles to avoid paying them. Insurance companies must follow a process where the accident circumstances are verified, to know if it can be covered or not. Ideally, a driver should carefully review the terms of the contract before taking out insurance and, in addition, review the rankings of insurers with the most claims, so they will know which ones provide the best service.
Finally, Peruvians consider vehicle insurance to be very expensive . Something you should know is that the price of insurance will depend on the type of policy you purchase and also on the company you choose. Believe it or not, there are options for all types of pocket and a great help to see the different options are web comparators such as Bustalamaste. When viewing the different types and prices for your car, you can choose one that suits your economic situation, in addition to being able to pay it in installments.