Cheap Car Insurance Tips That You Deserve

Does finding cheap car insurance sound like a joke? What if you are looking for cheap car insurance tips and all you keep finding is “drive safe” or “just shop around”. Where are the cheap car insurance rates that the car insurance companies keep talking about?

Let’s take a look at some of the questions that you might have about car insurance and some of the answers that you could expect to find.

So you’ve gotten a ticket, will your rates increase? This is a tough question that is commonly asked. The chances are that your rates will increase, possibly 15% to 20% and they might stay that way for three years after the ticket.

Are you driving an older car and paying for full coverage on it? You could save money by reducing your coverage, but this is only recommended if you have another means of transportation if something happens to this car. Why? You wouldn’t want to decrease your coverage one day, have an accident the next day and not have the coverage to replace the vehicle.

There are many ways to decrease the cost of your car insurance, but there are also a lot of overlooked ways to decrease your costs as well. Did you know that there are numerous discounts for different school alumni groups, civic associations and other organizations that you might qualify for? Also, there are more and more discounts being offered for multi-vehicle policies and vehicle safety features, such as side curtain airbags, electronic controlled ignition keys and more.

You won’t know if you qualify for a discount unless you ask. Think of all of the different groups or organizations you could belong to, or what features your car might have that could offer you a discounted rate.

The biggest factor to save money with your car insurance and find the cheap car insurance that you deserve is to research and know what minimum coverage your state requires.

Car Insurance Tips to Help Get You the Best Cover at the Right Price

There are many car insurance tips which could help you to cut down the cost of insuring your vehicle – it’s simply a case of knowing how. One of the easiest ways which could help you save on cost is by not automatically renewing your car insurance year after year. Just because you got cheap cover a couple of years ago with your insurance provider, doesn’t mean you will now. So, shop around to see what deals are available – you could be surprised by just how much you could save.

Additional Features

Another very valuable car insurance tip is to check the features of the policy you are considering. You could be paying for add-ons that you don’t need and by choosing cover without those extra features you could make some great savings.

An example of this would be if the policy provides a courtesy car whilst your own is being repaired. You need to consider whether you would be insured to drive the courtesy vehicle or if there would be an additional fee payable? If you are a two car family then maybe you wouldn’t need a courtesy car option within your insurance package.

Look into the details of the policy and check to see if breakdown insurance is provided within the cover as some providers will offer this at no extra cost or subject to a small fee. If there is breakdown cover added into the policy then check to find out the extent of roadside coverage offered. Often if the cover extends to outside the UK, for instance, the car insurance provider may charge you a fee for this benefit. If you do not drive outside of Great Britain, then you would be paying for something you do not need.

Excesses

Another money saving motor insurance tip is to consider the amount of excess the policy comes with. The ‘excess’ is the amount you would have to pay towards a claim before the insurance company would pay out. All car insurance policies will come with a standard excess, but if you elect to pay more, this can help drive the cost of the insurance premiums down. However, do bear in mind,that you would have to find this money out of your own pocket in the event of making a claim.

How you choose to pay your motor insurance can affect the amount it costs to insure your car. For instance, you might want to pay for your car insurance by monthly direct debit. However, some insurance companies may charge you slightly more if you choose to pay by option. The good news is that there are providers out there who do not differentiate on the cost whether you pay monthly or annually, so look out for these.

How much cover do you need?

Choosing the level of motor insurance most suitable for your vehicle can save you money. For example, if you own a cheap, second hand vehicle that you could afford to replace if it was damaged beyond repair by an accident caused by yourself, would you really need fully comprehensive insurance for it? You could save yourself some money on the cost by taking out third party, fire and theft insurance instead.

Another useful car insurance tip that could see you enjoy cheaper premiums is to enhance the security features on your car. A vehicle that has an immobiliser fitted, steering wheel locks or a good quality alarm is less likely to be stolen than one that has no security features on it. This makes you less of a ‘risk’ for the insurance company who could well reward you with cheaper premiums. While there’s some initial monetary outlay, good quality security equipment can sometimes pay for itself in the long run. Also consider where you park your vehicle. A car parked off road or in a secure garage will be deemed less at risk.

Finally, take into consideration the amount you use your vehicle and for what purpose. If you can estimate a low annual mileage you may be able to save money on your premiums.

Car Insurance Tips To Lower Your Premiums

It is no wonder that finding the best deal for your car insurance is so important for many people, after all, why pay more for something if a cheaper deal exists elsewhere. There are so many companies these days that specialise in car insurance and can offer you various deals that it can seem like a disheartening task attempting to find the best car insurance deal for you as prices may vary.

Many companies have now realised that offering specialised motor insurance aimed at certain areas can be a great way at targeting a minority group and if you fall into any of these categories then it can really help you to find a good deal. You may also find that they offer certain extras that may be of use to you that many other companies do not offer.

There are of course a number of car insurance tips that could save you a vast amount of money. These include fitting an industry standard alarm system or an immobiliser as this will help to increase security and therefore will ultimately help to keep down your premiums as your car will be more protected against the threat of theft or damage and so you will be less likely to make a claim.

With many policies you may find there are a number of additional extras that you have to pay for that you do not really need and so it is worth checking your policy first as these extras will up the cost of your premium with perhaps little or no benefit to you. The fewer extras that the car insurance company has to provide should you be involved in an accident, the lower the cost of the cover.

Where you park you car, and more so overnight, can also make a big difference as many insurers will be able to offer you a reduced rate if you can park somewhere that they deem to be ‘safe’. If you are able to then you should park on a driveway as this is considered to be one of these safe places as it should help to limit the risk of your car being stolen or any accidental damage occurring more so than if you were to park your car on the road.

Other car insurance tips that could help save money include; making sure that only drivers who will regularly drive the car are named on the insurance. It is not wise to add a young, and perhaps more inexperienced driver to insurance policy as the total will still be decided using the youngest driver. Also make sure to protect your no-claims bonus as you may find that some insurers will offer substantial discounts to those drivers who are considered to be safer.

If you decide to change your car, check with your insurer if the model will have a significant effect on the premium as a sporty model can mean a higher insurance group and often, a slightly different version could save you a considerable amount in comparison.

The most obvious tip is however to drive with more care and perhaps to consider signing yourself up for driving courses as many insurers will be able to offer you a discount if you have more driving experience.

Cheaper Car Insurance Tips

Low Cost Car Insurance

Car insurance premiums are rising and are becoming almost prohibitive for younger drivers, especially males under twenty five years of age. The reason for this is that the cost of car insurance is based on a number of factors, risk being one of the main. And, statistically speaking, young male drivers are a high risk category.

Other factors which have a bearing on the cost of the car insurance include, make and model of the car, driving record of the owner, and what the car is predominately used for. The typical use of the car under the policy include private use, social and domestic, and commercial use which includes the carrying of goods.

Here are a few tips that you can consider which might help in getting a low cost car insurance.

  • Bundle Insurance Policies: Many insurance companies will offer discounts if you sign up for several types of insurance. For instance you could have home insurance and life insurance from the same company.
  • Raise the Excess. The excess is the amount you will have to pay in the event of a covered claim. Generally if you increase the amount of the excess, the cost of the premium will drop. But, there is a balance to be struck between the amount of the excess you can afford and the saving you will make in your premium.
  • Get Comparative Quotes. Probably the most significant saving can be made by contacting several companies and asking for their best quote. There is fierce competition in the car insurance market and this means that staff of these companies are under pressure to write as many policies as they can. This should result in reasonable discounts for the astute driver. Do not leave this until the last minute, but rather you should start your research about a month before your renewal date to give you adequate time to gather all the information you require.
  • Named Drivers. If there are named drivers on your policy, then the insurance companies will charge you extra for this. If possible, you should consider removing these drivers from your policy.
  • Full Driving Licence. If you have a provisional driving licence then your insurance company will charge you a considerable excess for this. You should make every effort to complete your driving test by taking driving lessons from a reputable driving school and follow that by passing the test and obtaining your full driving licence.
  • Advanced Driver Training. For more experienced drivers it could be well worth while taking an advanced driver training course leading to a certificate which should then be presented to your insurance company with a discount request.
  • Engine Size. To get the cheapest car insurance for a new or second hand car, you should consider purchasing a smaller engine size as this has quite a bearing on the premium you will pay. While it may be tempting to own the most powerful car on the block, the insurance company will penalise you quite heavily.
  • Penalty Points. There are a number of driving offences which attract penalty points and your premium will be increased as a result. All of the most common offences can and should be avoided with due care and attention. Next time you get behind the wheel, do not exceed the speed limit, wear your safety belt, and either use a hand set for your mobile phone, or switch it off during your journey. The question about penalty points will most certainly be raised by your insurance company at renewal and you will be rewarded provided your record is clear.
  • Third Party Only. When deciding between different car insurance policies, consideration has to be given to the amount of the budget available and the level of cover required. A fully comprehensive policy will cover damage to your vehicle in addition to damage to a third party. This type of cover is much more expensive than third party only, but it will pay out in accidents where your car is damaged. An example would be if your car skidded on ice and went off the road. Third party cover on the other hand would not pay out in this event. So, if your budget is limited, the cheapest car insurance is third party only, but be aware that you will also have a lot less cover.