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Originally Posted by x5TT
I believe so. choosing from an independent agent would be a great idea.
one more question, by picking a really HIGH excess, it could gives a VERY low premium. I know it depends on the behaviour of the driver. But I have 7 years driving experience and have no accident before, so I'm a safe driver...(so far, at least) In that case, is it a wise choice to pick a high excess?
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I believe you are referring to what we call a deductible in the US. I, for example, have a $500 deductible which means if I run the X into a tree I have to pay the first $500. I have had $1000 deductibles before because I worked in a shop and could either do things myself or at least get it wholesale.
You save money with a high deductible, assuming your bank allows it, but it is painful to pay if you have a problem. My advice is to get the largest excess/deductible you could handle in the event of an accident.
Also, we have collision coverage (the typical accidents we have been referring to) and comprehensive coverage which covers fire, floods and other acts of nature, theft, broken glass, vandalism and such. Most people have a lower deductible for that. Of course, the cost of a new windshield today would support a whole village of lepers for a year.