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Car insurance makes us groan every time we think about it. Nobody looks forward to that letter that reminds us our policy is due for renewal, but fortunately there are a few easy things we can do to get the best possible deals on our car insurance.
Shop around
Many people miss out on the best car insurance deals by simply staying with their usual insurer. Use an insurance price comparison site like moneysupermarket.com to directly compare your insurer’s quote with the available other quotes on the market, and don’t be afraid to change your insurer!
Buy online
Many insurers only offer their best deals online, so get yourself connected and surf away for the lowest priced policies. If you can afford to pay for the whole policy up front, you could save some money on the interest that often applies to insurance by monthly payments.
Cut out the extras
If you feel you would be able to cope without your car for a short time, choose not to pay for a courtesy car as part of your insurance policy. Optional extras like courtesy cars and legal expenses are often unnecessary and only serve to drive up the price of your cover.
Pay as much excess as you can
The more voluntary excess you offer to pay in the event of an accident, the lower your insurance policy price will be. If you can afford to increase your excess, it could save you money as long as you drive safely and avoid accident.
Measure your mileage
One of the factors used to calculate insurance policy prices is your annual mileage. To avoid paying over the odds, make sure you don’t overestimate the number of miles you’re traveling each year. Equally, don’t underestimate your mileage either, as this would be considered an act of insurance fraud if you were caught doing so.
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May 18th, 2011 at 3:16 pm
If the number of miles that you drive changes in the middle of your policy year, inform your insurance company. Many people who are out of work never had their poilicy re-rated and they could be getting a check back.
There are also multi-policy discounts if the same company insures both your car and home.
If you get a ticket, pay the extra money for traffic school to keep the points off of your driving record. Points will increase your premiums, usually for 3 years.
May 19th, 2011 at 12:27 am
Looks like moneysupermarket.com is based in England so not good for US car insurance quote.
May 19th, 2011 at 11:51 am
Buying from online insurance co, who does not give an address or location for making claim is not a good idea…when you have problem you will really have a problem with the DMV and the state…
June 2nd, 2011 at 11:15 am
i agree with you William .