Finding a Bargain on Car Insurance
This really depends on what kind of car you drive, who you are, and how you intend to use your vehicle.
What is to your advantage is that the UK car insurance market is a wide and competitive one, meaning there is every chance you can at least ensure your policy is as cheap as it is going to get.
The ability to compare a number of quotes quickly over the internet is also a plus point, as this is a simple way of seeing whether or not the current deal you're on can be bettered.
Getting a true bargain on your policy is often a combination of following a few simple tips and ensuring companies compete effectively for your custom.
To start with, think about the things which are within your control and which you could change to drive down your premium.
One of the most simple things a driver can do is to review their voluntary excess on an existing policy or go for a higher voluntary excess option when applying for a new deal.
An excess is an initial fee you agree to cover yourself before an insurance company pays out.
So if you had a voluntary excess of £300 and had an accident which involved £450 in damage, you would pay the initial £300 and the insurance company would pick up the difference.
Volunteering to pay more on your excesses is a simple way of reducing your premium.
So if you car has a voluntary excesses of £300, think about whether or not you could pay more than this, perhaps £400 or £500.
Essentially this is a bit of a gamble and will only be cost effective if you don't have to pay out on damage, but in the long run it could reduce your car insurance costs.
Also think about your personal circumstances.
Insurance companies often view homeowners and married couples as safer bets.
If you are married think about getting a joint insurance policy for two vehicles on a house or family policy.
You may pay less overall.
Taking precautions like improving security on your vehicle, such as fitting an alarm, and ensuring it is kept off the road or in a garage overnight could also help to reduce your premium.
Beyond this, the best way to get car insurance cheaply is to compare a number of policies and see which one is offering the best deal.
Don't stop there are however, as once you have found a deal which is the best value, it is always worth contacting an insurance company which is close to this price to see if they can match or better it.
Some may be willing to bend a little further in order to get you on board as a customer, therefore making a policy even cheaper than you might have first thought.
What is to your advantage is that the UK car insurance market is a wide and competitive one, meaning there is every chance you can at least ensure your policy is as cheap as it is going to get.
The ability to compare a number of quotes quickly over the internet is also a plus point, as this is a simple way of seeing whether or not the current deal you're on can be bettered.
Getting a true bargain on your policy is often a combination of following a few simple tips and ensuring companies compete effectively for your custom.
To start with, think about the things which are within your control and which you could change to drive down your premium.
One of the most simple things a driver can do is to review their voluntary excess on an existing policy or go for a higher voluntary excess option when applying for a new deal.
An excess is an initial fee you agree to cover yourself before an insurance company pays out.
So if you had a voluntary excess of £300 and had an accident which involved £450 in damage, you would pay the initial £300 and the insurance company would pick up the difference.
Volunteering to pay more on your excesses is a simple way of reducing your premium.
So if you car has a voluntary excesses of £300, think about whether or not you could pay more than this, perhaps £400 or £500.
Essentially this is a bit of a gamble and will only be cost effective if you don't have to pay out on damage, but in the long run it could reduce your car insurance costs.
Also think about your personal circumstances.
Insurance companies often view homeowners and married couples as safer bets.
If you are married think about getting a joint insurance policy for two vehicles on a house or family policy.
You may pay less overall.
Taking precautions like improving security on your vehicle, such as fitting an alarm, and ensuring it is kept off the road or in a garage overnight could also help to reduce your premium.
Beyond this, the best way to get car insurance cheaply is to compare a number of policies and see which one is offering the best deal.
Don't stop there are however, as once you have found a deal which is the best value, it is always worth contacting an insurance company which is close to this price to see if they can match or better it.
Some may be willing to bend a little further in order to get you on board as a customer, therefore making a policy even cheaper than you might have first thought.
- Increasing the voluntary excess on a policy can make a difference.
- Use your circumstances to your advantage if possible, i.
e.
married couples. - Compare a number of deals and decide which is the best value.
- Once you have one you like, contact a close competitor - they may match or better it.
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