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Insurance brokerage

What Is The Coverage of Your Two-Wheeler Insurance Policy

Posted by Admin on 26 Aug 2022

There is a vast majority of our public that relies on a bike rather than a car. Many people use bikes as a means of transportation even if they own a car because traveling on a bike is way more cost-effective and convenient for day-to-day travel.For something used frequently, it only makes sense to make it as secure as we can. This is why Let’s Compare Online (Pvt) Ltd has added on to the already available insurance plans. We now deal in Bike Insurance to keep our clients safe on any transport they choose. Let’s take a look at the coverage options available for two-wheeler insurance. Own Damage CoverOwn damage is when your bike suffers damage in case of an accident. In this case, your insurer protects you from any financial loss and offers compensation for your repairs. This helps take the newfound stress off your shoulders so that you can rather focus on your own injuries and recovery. Third-Party CoverFor the third-party cover, you are offered to pay for the damage of another bike done by yours. Just like auto insurance, it offers the same coverage as well. This is the most basic cover one can have. It is also required by the law to protect law-abiding drivers from rowdy drivers. On the other hand, it also protects you in case it was not your fault but you got stuck in a bad situation. Hence providing you cover so you don’t have to pay out of pocket. Personal Accident CoverSometimes, when the circumstances are unfortunate you end up getting hurt as well as the result of an accident. This will leave you with another burden of paying for your medical bills, which can really break your back. To help you focus on your recovery, bike insurance also offers personal accidents cover in case of injury or disability faced due to the accident. No Claim BonusJust like car insurance, bike insurance also offers the NCB. This is to ensure that responsible citizens enjoy the benefits of their efforts. This encourages riders to ride with caution since they get a bonus and many other advantages if they don’t claim insurance for the time period of one year. Conclusion: Hence, in bike insurance, you will notice a lot of similarities to car insurance. from own damage cover to No Claim Bonus almost everything is the same with the same intent. All the insurance types aim to make you comfortable and focus more on your health than the repair of your damaged goods. They are all replaceable but you and your health are not. Let’s Comparer is an online insurance comparison platform. We try to be the voice of our clients and compensate them in any way possible. We take pride in great customer service. We are partners with reputed insurance companies across Pakistan delivering the best of the best services. We are unbiased in our suggestions. So what are you waiting for? Get insured now!Related Topics:Third-party liability coverageTypes of car insurance available in PakistanWhat is no claim bonus?

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Car Insurance in Pakistan

Does Car Insurance Cover Minor Defects

Posted by Admin on 24 Aug 2022

Sometimes your car may face some minor issues due to daily usage. These issues are bound to happen no matter how careful you are. These are to be taken care of with good maintenance. Insurance is there to protect you against any uncertainties.However, mechanical issues are not unexpected but instead expected and most of the time you have a known range to work them out or to schedule a visit to a mechanic.Let’s Compare Online (pvt) ltd is here to help you save money and time when getting insured. We ensure that our clients make an educated decision. We will not only look at the scenarios but also analyze in what scenarios it is viable to file a claim! Let’s look deeper into it. Is The Mechanical Problem Result Of An Accident?Here we are faced with two scenarios. First, in the absence of an accident, and second, in case of an accident. Let’s take a look at the first scenario. Scenario 1: Mechanical Issues In Absence Of AccidentIf there is a mechanical issue solely due to ill maintenance and not because of an accident, you cannot file a claim. This will not be covered by your car insurance policy. If you try to force a claim, it will fall under negligence hence making it impossible for you to file it again. Also, when you file a claim you are required to pay the deductible. The deductible is the amount you must pay out of pocket at the time of claim. Hence, it will add to the amount you have to pay for repairs, making it double. So you’re better off not filing a claim anyway and getting it repaired for the amount it already costs. Scenario 2: Mechanical Issues In Case Of AccidentIn another scenario, if the mechanical issues arise from an accident the car suffered, it is covered. Even if it initially went undetected, the policy will still cover the damages. Because this falls under accidental damage. Another thing to consider before filing a claim is to compare the cost of repairs out of pocket and the deductible. If the deductible is higher than the cost of repair, you are better off paying out of pocket. In another case where the deductible is lower than the repairs, you should file a claim. This small tip can ensure that you are able to save money and choose a wiser option.Let’s Compare is an online insurance comparison platform working to make deep connections with its clients and have a bond with them. We continuously strive to make access to insurance convenient for our clients.Conclusion:We are an online insurance comparison platform, serving auto, travel, and health insurance from reputed insurance companies across Pakistan. We serve in all the cities and clients can get insured from the comfort of their homes. We take great pride in excellent customer service and try to make the experience of our clients easy and comforting. Follow the link now to get insured!

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Health Insurance in Pakistan

Why You Need A Trusted Insurance Broker

Posted by Admin on 22 Aug 2022

With everything gone electronic, it is already way too convenient for anyone and what more could a person ask for? But imagine being in more comfort than the comfort itself? Imagine not having to look for your glasses because you cannot read the tiny markings on your CNIC. Imagine someone does it all for you and hands you your required documents. Well, we have insurance brokers for exactly that purpose! Let’s Compare is an insurance brokerage that provides you the comfort of that level. We only require your respective documents and here we will fill the form for you and get a policy issued in your name!However, all of the comforts come with some risks. To avoid these risks in the long run, you have to step out of your comfort zone for a while. Let’s take a look at how to find an insurance broker that you can trust. How To Trust An Agent?It seems good to have yourself do all the work because at the moment you have enough time to do it yourself and also handle other things. But if you are farsighted, you will rather utilize this time to look for a trusted insurance broker because in the future you might have other things, equally important, to do. Find an agent or a broker and ask them to generate quotes for you. Once they send in the quotes, double-check with the insurer they sent the quotes from. If they match up then great. Proceed like this for everything, the broker should not be charging you anything more than a premium. You don’t need to pay an advance and you don’t have to pay to receive a form. Once all of that is done and the agent does not ask for anything more than the premium, you have found yourself a trusted agent. How Is A Trusted Broker Going To Benefit Me?When you have found yourself a trusted broker, you are good to go since they will stick by you in your time of need. Another good way to test an agent is if they are checking up on you and getting back at you quickly because oftentimes brokers just forget about you unless it is time for the policy renewal. A trusted insurance broker will come in handy when you need to book last-minute flights and really need an insurance policy for travel. You might already have a lot on your plate with no time to spare to fill in the information or attend calls here and there but with a trusted broker you just need to send in your documents and leave the rest to them. You can do a whole lot of chores in those 15-30 minutes while your policy is being issued. You will be at peace knowing that the agent is not scamming you off of money and getting your job done perfectly. Let’s Compare is an online insurance broker aiming to make life easier for their clients and provide the best customer service. We give unbiased advice when asked, making us reliable. We are partners with trusted insurers across Pakistan. Follow the link to get insured now!

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Health Insurance in Pakistan

Risk Management And Insurance

Posted by Admin on 19 Aug 2022

Risk management is a vast topic. Once you grasp the topic it is relatively easy to manage it and will help you in the field of insurance greatly. Risk management involves taking steps to minimize or eradicate possible danger in the future. There are many ways to do so depending on the type of risk you are trying to avoid.Let’s Compare is once again here to voice their clients’ concern and answer their most awaited questions. Today we will see possible scenarios of risk and learn how to manage to postpone or totally avoid it. Let’s go!What Is Risk Management?As mentioned above risk management is an act of eradicating the risk of possible dangers in the future. These steps include getting insured, getting yourself tested, keeping your possessions in a good condition, and many other things. Let’s go through them one by one.How To Manage Health-Related RisksWhat would you do if you only had one car to use till the end of your life? You will take extra good care of it and protect it from every possible danger. You will keep yourself safe side while driving and abiding by the rules. So why not give the same care to your body?Your healthy body is the greatest wealth you have and it is an obligation to protect it mentally, physically, and emotionally. You can do so by taking the following steps:Meditation.Maintaining a healthy lifestyle.Keep yourself active.Avoiding unhealthy foods.Avoiding destructive conflict.Maintaining healthy boundaries.Getting health insurance. These are a few tips to help maintain a sound mind and a healthy body. How To Manage Auto-Related RisksExpenses related to cars can take a toll on your budget. Even a small scratch can cost you a lot of money and in return put your mental health at stake sometimes. Let’s look at how to prevent your car from any dangers in the future:Keep your vehicle clean and serve them like machines with feelings.Don’t ignore the small signs of damage.Don’t drive under influence.Abide by the traffic rules.Don’t road rage.Beware of your surroundings.Get your vehicle insured! How To Manage Travel-Related RisksTraveling is a once-in-a-lifetime opportunity for many. Whether it is or not, one should always be able to make the best out of it. There are many things that can go wrong but with the right understanding and strategy, you can avoid most if not all of the risks. Some of them are listed below:Do your research for the place you’re visiting.Get insured.Get vaccinated.Beware of scams.Keep tabs on your luggage.Watch out for any possibility of natural disaster.Keep extra cash on yourself. Let’s Compare is an online insurance comparison and selling platform where customers get to compare and choose the policies they want to buy. We deal in health insurance, car insurance, travel insurance, and many more types of insurance. We take great pride in customer service and unbiased advice. Get insured and lead a happy and healthy life.

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Car Insurance in Pakistan

Everything You Need To Know About Electric Car Insurance in Pakistan

Posted by Admin on 17 Aug 2022

With the ever-growing popularity of electric cars, the demand for insurance for such cars has also increased. As of now, all-electric vehicles are exported and they do not outnumber conventional vehicles. But the demand for electric car insurance remains the same. Today we will look at all the aspects of electric car insurance. Is it available in Pakistan? How much does it cost to answer many other questions that may arise in our client’s mind? Let’s take a look at all of the concerns. Is EV Insurance Available In Pakistan?Since electric vehicles are imported, it is natural to wonder if the insurance companies hold the authority to issue policies. In Pakistan, many people are going for electric vehicles now, so considering this the insurers have come up with the decision to issue an insurance policy for electric vehicles.As a general rule of thumb, if the vehicle is within the vicinity of Pakistan. You can even get car insurance for your car in Pakistan while sitting abroad or traveling. Likewise, if your electric vehicle is in Pakistan then you can get insurance for it. And in the same manner, if your vehicle is on the way here and you get it insured, your policy is valid when your vehicle arrives.How Much Does EV Insurance Cost?Considering the fact that electric vehicles are imported, it is given that the parts must also be imported in case of any damage. So considering this, the premium for electric vehicles in Pakistan is much higher than that of conventional cars. Also, with all the price hikes there is a significant increase in the prices of vehicles and their spare parts. Why Does EV Insurance Cost More?Insurers take data from the clients that have previously claimed vehicles of the same type and collect data on how much it costs them. This is the scale to determine the price of any insurance premium for any vehicle. Considering the fact that the parts need to be exported in case of damage and they are going to be pricier then it is fair for the premium to be higher than conventional car insurance as well.How To Get Electronic Vehicle Insurance?It is simple! Because you might as well have been doing that all along. It is no different than conventional insurance. Just go to our website letscompare.pk and get insured in 3 easy steps. The only thing to keep in mind is that the premium will be higher than the conventional car insurance because of the reasons mentioned before. Other than that, the rest of the procedure is the same. You visit our website, go to car insurance followed by the details of your car and get quotes. You can now get the quotes from different insurers and pick the one that falls within your budget. Let’s Compare is an online insurance comparison tool, where clients get to compare insurance policies from different insurers and also compare policies from the same insurers. We are partners with reputed insurers across Pakistan and we are trusted among clients for the best customer service and unbiased advice. You can also get insured instantly from the comfort of your home so what are you waiting for? Click here and get your vehicle insured!

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Car Insurance in Pakistan

Scams In Car Insurance Industry

Posted by Admin on 15 Aug 2022

With roses, there are thorns; with good things, few bad things come with a free pass. Cars are the most valuable investment, the journey does not end with the purchase. It rather continues until the time you have the car. And everyone, including you, knows that. So scammers end up trying to rob you endlessly. Let’s look at some common scams in the car insurance industry.Selling Policies At A Higher PremiumWhen looking for car insurance Pakistan, you might run into scammers. They will tell you an insane amount of premium, promising an equally secure coverage. But when they get the insurance from the company on your behalf, they might swap it for a much cheaper plan and keep the rest of the money for themselves. In this case, you will pay a heavy sum for a minimal cover. Exaggerating The DamageSometimes, you consult your insurer to discuss coverage when you get into an accident. They have many agents working for them, so you might get scammed by them to pay more than the worth of damage, promising that the insurer will reimburse an equal amount. But in reality, the agent might pocket the remaining amount after paying for the said damages.Stacking Useless PoliciesThe agents might make you buy policies that you don’t require. Let’s say, you opt for comprehensive car insurance, and the agent insists you buy the third-party liability cover because the law requires it. The argument is true, but some research from your end will clear the misconception. Third-party liability is the least coverage one requires. Comprehensive insurance is the most coverage you can get. And it already includes Third Party Liability. And not only third-party liability but almost all kinds of damages are covered. So having comprehensive car insurance will not require you to buy any other insurance policy. Ghost BrokersThese are the scammers that issue a fake policy to their victims. They charge for the real policy and for the sake of satisfying their “client” they send a copy of the policy. They later go on to cancel the policy and pocket the reimbursement. This is extremely harmful to the client when the time comes for the claim. These ghost brokers are almost unreachable because most agents don’t reach out to their clients until it is time for annual policy renewal. And in case they are caught in the act, they might vanish from the face of the earth with your hard-earned money. They are the ones you need to be most cautious of. Conclusion:You can avoid these scams by going to the reputed insurers and only involve the agents and brokers they trust like, Let’s Compare. We take great pride in serving our clients with the best. We give unbiased opinions and prioritize our client’s comfort. We are partners with trusted insurance companies across Pakistan. Click this link to get your car insured.