5 Steps To Cheap Car Insurance


Insurance : 5 Steps To Cheap Car Insurance	Homepage \| Add to Favorites

Recommended Sites

Related Links

Informative Articles

Are you covered with a standard homeowner's insurance policy?
With a standard homeowner's insurance policy in your hand it includes four important types of coverage. They include: Coverage for the construction of your home, Coverage for your private belongings, Liability security, Additional living...

Cheap Auto Insurance and Cheap Car Insurance
Cheap auto insurance is available. The only way to find cheap car insurance is to show determination and a willingness to research it. Have you had car insurance in the past but wasn't cheap auto insurance? Were your rates high and a strain on...

Choosing Affordable Health Insurance For Children
In most cases, private health insurance comes through a person's employer, who picks up the majority of the cost of premiums. However, today many people, who are either self-employed or who work for a company that doesn't offer health insurance,...

Long Term Care Health Insurance - A Closer Look
Kids today face an ever growing number of temptations ranging from drinking and smoking, drugs, gambling and pre-martial sex. Unfortunately, due to their youth and inexperience they fail to realize that what they do in their youth can have a...

Your Auto Accident Insurance Loss - Dealing With Your Company On A Disputed Loss
When you disagree with your insurance company, about a claim, you have options you can use without going to court. #1. If your agent is unable to solve your problem, get the name and phone number of your insurance companies Claims Department....

5 Steps To Cheap Car Insurance

We all know that car insurance is compulsory, but it's not necessary to pay more than you have to. A few simple steps combined with some time surfing for cheap car insurance rates really can save you hundreds.

STEP ONE - CUT THE EXCESS, CUT THE RISK
The size of your car insurance premium is directly related to the risk you pose to the insurance company. So the easiest way to cut your premiums is to accept a higher voluntary excess. An insurer's standard excess may be �100; but if you meet the first �250 of any claim, you'll see a reduction in your premium. This is because you're taking on more of the risk so you get a discount. But it's a gamble, be aware that you might have to meet the cost of a broken window after an attempted theft, then a bill for repairing bodywork damage after a car park crunch.

STEP TWO - SECURE IT & SAVE
Another sure way of reducing the risk and, therefore the premium, is by fitting approved security devices. All major UK insurers insist on Thatcham rated security equipment, usually a minimum of an alarm. If you live in a high-risk area for car crime, it makes sense to fit extra security such as an immobiliser and alarm. Not only does it save you money when your insurance renewal is due but it gives you extra peace of mind every time you park up your car.

STEP THREE - LOW MILES, LOW PREMIUM
If your annual mileage is low, 5,000 miles or less, ask insurers if they offer discounts for agreed mileage restrictions.

STEP FOUR - ADD A NAMED DRIVER & SAVE UP TO 15%
Including a named driver on your policy can increase or reduce your premiums depending upon the named drivers age, sex and driving record. A young named driver will increase your premiums, particularly with a limited or poor driving record. However, adding a driver over 30 years old with a long and clean driving record can cut premiums by up to 15%, particularly if the named driver is female!

STEP FIVE - SHOP, HAGGLE & SAVE
Simply shopping around will reward you with the biggest savings. There can be massive differences between the lowest and highest car insurance quotes for exactly the same car and driver(s). Start off using good comparative online car insurance quote sites like Moneysupermarket and Screentrade, take their best quotes and go direct to the cheapest insurers for more specific quotations.

Source: www.isnare.com