Getting cheaper car insurance quotes
Get cheaper car insurance quotes
Comparing car insurance quotes is not the worst thing you can do online. Online comparison site engine aggregators help you compare car insurance quotes for cheaper car insurance, without sacrificing cover. These aggregators submit your details to multiple insurance companies, who then contact you telephonically to provide a quote. Why don’t insurers just email quotes to you? They must call you to enter into a legal contract with you, explaining their terms and conditions. While comparing car insurance quotes is the easiest way to save on car insurance premiums, it’s not the only way. You can also:
1. Up your car’s security. While the risk of theft does not influence your car insurance premium as much as accidental damage does, it’s still a factor. By increasing the security on your car, you reduce the risk of theft and hijacking, which brings down the price on your car insurance quotes.
2. Increase your excess. The amount of cash you pay out before your insurer pays out reduces the amount of risk they bear. The more you pay, the less they have to, so your car insurance quotes will be cheaper with a higher excess. Don’t, however, make the excess unaffordable as this defeats the point of insurance by placing the majority of the risk on you, again.
3. Insure for business if it’s for business. Sure, personal car insurance quotes are cheaper than business car insurance quotes, but this doesn’t mean you can lie to your insurer. If you use your car for business, insure it for business use, otherwise your insurer won’t pay out for that accident that happened on the way to one of your clients. NOTE: driving to and from work is considered personal use. If you drive during working hours for work purposes, then it’s business use.
4. Insure for market value. Even if your car is insured for retail value, your insurer will only pay out as much as the car was worth before it was totaled or stolen. Plus, it yields cheaper car insurance quotes. This means, though, that you won’t be able to buy a new car. To avoid this, consider taking out top-up insurance.
5. Get a slower car. Sports car drivers pay more on car insurance quotes than sedan drivers. The faster your car, the higher the risk you are to your insurer. This isn’t personal, it’s statistical. A slower, more inexpensive car is also cheaper to repair and reparation costs are one of the larger contributing factors of car insurance premiums.
6. Grow up. Drivers under the age of 25 pay more for insurance as they’re considered more reckless than older drivers. Once you’ve hit the quarter life crisis, call your insurer and ask for a discount, or for a re-evaluation of your insurance premiums.
7. Claim when you have to. The more claims you make the higher your risk profile and the more expensive your car insurance quotes across the board. If you can cover small expenses yourself, such as chipped windows and dents, then your premiums will be lower year on year than if you claimed often. What’s more, you qualify for a cash-back bonus if you don’t claim.
8. Insure your home too. Insurer often give discounts to insureds who have a car and home insurance policy with them. If they don’t offer the discount off-the-bat, ask for one. And if they still don’t, ask another insurer for the same thing.
9. Keep a good credit history. While an insurer cannot deny you cover for being blacklisted, they will consider you a higher risk candidate. This means your car insurance quotes will be more expensive. If you are blacklisted, then take out insurance and rectify your credit record, tell your insurer to re-evaluate your risk profile.
Don’t forget that it’s not just about the cost of premiums when comparing car insurance quotes. A cheap insurance policy with an insurer that fails to process claims quickly is often more frustrating than paying for higher premiums and getting great service. Comparing car insurance quotes by filling in our online form is also a great way to check each insurers’ response time.