Discover How You Can Get Cheap Car Insurance Rate And Minimize The Costs Of Your Car Insurance!

Getting cheap products and services are in everyone’s mind nowadays since everything seems to have higher prices now compared to decades ago. Car drivers are facing problems with the hiking prices of goods and services. Petrol prices are getting steeper and governments seems to impose higher road taxes nowadays. For a car driver, getting cheap car insurance is no longer an option but it is now a necessity. Having cheap auto insurance can help car drivers to reduce their costs of owning a car. Car drivers are encouraged to practice some steps in order to get lower rates.

Firstly, a research of insurance companies is very important to determine the cheapest auto insurance one can find. Online research is so far the easiest way to obtain a lot of quotes. Most insurance companies have their own websites to help potential customers get details and insurance quotes when they are looking for any type of insurance. There are also insurance comparison sites which car drivers can browse around to compare rates between several insurance companies. A research of insurance companies is very important as different insurance companies offer different rates.

Next, having secured cars also helps car drivers to be in a better position to get cheap car insurance. Secured cars are cars installed with adequate safety measures to avoid damages and thefts happening on the cars. When car drivers choose to fit in safety devices for their cars, this not only help to make their cars more protected from any sorts of mishaps, but also guarantee them a spot in getting cheap auto insurance. Car drivers should also get a safe parking space for their cars to minimize the risks of theft and accidents.

Besides that, car drivers with good driving history will have better chances to obtain a lower rates. Insurance companies will offer car drivers with lower risks driving profile lower rates as they are in lower risks to make claims from their respective companies. Therefore, car drivers should brush up their driving profiles in order to secure lower rates.

In addition, the type of cars owned by car drivers will also determine the rates. A car driver owning an expensive car will be guaranteed a higher rate. This is because the fees of repairing an expensive car tend to be very high when the car is damaged. The insurance company insuring the car also needs to pay big amount of money to the car owner when the expensive car is being stolen. Therefore, car drivers who want to get cheap car insurance should consider getting a sturdy and cheaper car which is less prone to accidents and thefts.

An excellent car insurance is a insurance which is able to provide adequate coverage for a car and its driver yet manage to help the insurance policy holder to minimize the costs.

How to Cut the Cost of Car Insurance

Less desirable and low value cars are cheaper to insure

When I was 17 I wanted to own a Ferrari and live life in the fast lane. Even if I could have afforded the car, then I couldn’t have afforded the insurance to cover it. At 17 you are brand new to the world of driving and statistically you are more likely to make an insurance claim. Mixing high-powered cars with inexperienced drivers is not something car insurance companies are super-keen about, the chance of a claim shoots through the roof with the price of the premium following it. When you are young and inexperienced, buy a low-powered, low value car to try and keep your car insurance premium to a minimum. If it is worth less then it will cost less to fix/replace when in your youthful exuberance you crash it. The same logic actually applies to everyone, the lower the value of the vehicle and the lower the car insurance policy will be in most cases. Sports and premium cars will always cost more to repair in an accident so the insurance will reflect this. New cars now feature myriads of anti-theft and driver aids that in many cases will help to reduce the cost of insurance so keep an eye on the spec sheet when looking at a new car. A good rule of thumb is that less desirable and low value cars are cheaper to insure.

Age is a concern

I mentioned it above and it bears repeating. Generally the younger you are the higher your car insurance premium. This is down to inexperience and the youthful belief that bad things will never happen to you. The statistics say otherwise, which is often a shock to an unsuspecting young driver who ends up in a crash wondering how it happened to him…Driving experience and age are usually linked and that leads to a method of reducing your insurance premium – whatever age you are you will benefit from advanced driving courses and many car insurers offer discounts for these qualifications. It may only be a five – 10 per cent saving for the course but on a premium of £1000 it’s worth having the saving and it will remain with you for years, so it should be a good investment, not to mention make you a better driver.

Keep adding to the no-claims bonus

The more years you can accumulate without making a claim the better as most car insurers will offer a discount on your insurance for this. Effectively you are proving you are good business to have and because you haven’t made any claims then you are a good risk for them to underwrite. There’s nothing you can do here but keep your nose clean and don’t make a claim. If you own a low value vehicle and dent it parking, you’d be advised not to make a claim on comprehensive insurance because it would reduce your no-claims bonus, likely to be for a small amount of money and you may even end up paying for most of it depending on excess. In that case, provided you have not caused damage to any other vehicles or property, keep quiet, fix it yourself and your saving on no-claims bonus will be sweet the following year – in time, when you have built up three or more years no-claims bonus, you can actually protect your bonus, meaning even if you make a subsequent claim you will not lose your bonus.

Convictions aren’t cool

If you are an inner-city teenager then an ASBO may be a badge of honour. Insurers are less impressed by convictions though, so it is best to avoid them if you can. Minor speeding offences are certainly not in the same category as serial killer though, so if you have a couple of points it will not be the end of the world or have a major influence on your premium depending on the insurer.

If you’ve got a garage, use it

What are garages for? If you ask the average person they’ll probably say for storing all the kids’ toys, the home gym, bicycles, the freezer and tumble-dryer. I have news for you all; the garage is designed to house your vehicle when you are not using it. The fact that it puts a physical barrier between any opportunist thieves and your car is a real good thing and car insurance companies will recognise this and reduce your premium if you park in a garage overnight. Using your garage will save you money; it doesn’t get any easier than that.

Anti-theft devices

Most modern cars come with immobiliser and alarms factory fitted and if you notify your insurer it will check to make sure they are to approved standards and will apply discounts if applicable. You can get other devices that slosh around in the passenger footwell until you park and then fix to generally your steering wheel or gear-stick. These are mechanical devices and some do attract further discounts if used, just do your homework before buying. Thatcham is the organisation which grades security devices and generally a decent mechanical security device will feature its Thatcham approval very prominently along with any premium discounts you may expect, so choose carefully.

Use a reputable broker

Car insurance is very big business with around 30million+ vehicles on the UK roads, so there is a wealth of car insurance companies to choose from. Ironically, the big names you are familiar with are probably in your head because of massive marketing campaigns on television, on-line etc. Regardless of the message, those marketing campaigns need to be paid for and that means they may not actually have the best rates, although the sheer scale of some of these businesses means prices will be keen due to buying or underwriting power. The best advice is to compare a couple of different prices from different companies. Call the insurer and then call a comparable competitor and then perhaps a small car insurance broker. Each one will ask you if you have a price already and you should tell them what it is. Generally if they want the business they know what to beat. The moment you get a broker saying they can’t match the price then you are probably close to the best market price or else speaking with a broker that is not a specialist in the area.

A word of caution on price comparison sites

There are plenty of price comparison sites around which promise to drive the cost of your insurance policy down – Money Supermarket, Go Compare, Confused etc. They certainly do help reduce the cost of insurance as most of the major players are fighting for business on the same platform. Where these price comparison sites do not perform so well is actually advising you on the sort of policy that’s best for you or your car. Would comprehensive be cheaper and more suitable than third party fire and theft? The point is you cannot ask the price comparison site for any advice, that’s where car specialist brokers have the edge. Compare it to buying a new house, would you buy one without a survey? You might and then when it subsides into the sea you’ll be praying your insurance will cover it…the point is you shouldn’t buy insurance without talking with an expert either.

Pick up the phone

The internet is a great shopping and selling tool, you know my feelings on that from previous articles…but I suggest if you speak to a real person at a brokerage then you have a much better chance of getting cheaper car insurance. They can ask more questions, clarify your requirements and if needed they can even delegate the rate (set the price themselves) if they really want the business. There is no substitute for human contact, just make sure you speak to at least three different brokers to get a true comparison.

Got a nice postcode?

If you live in a postcode where there are few thefts and claims then your insurance premium will be lower than living somewhere that is a known crime hotspot. If you can afford it, move to a posh area and you’ll benefit from lower insurance premiums. Not the easiest way to save on the cost of insurance for sure…

Mileage and use

The more miles you drive the more chance you have of being involved in a claim. It’s simple statistics. The fewer miles covered, the less your insurance premium should cost. Don’t tell lies though, if you exceed the stated mileage by a distance then it could invalidate your insurance.

Married with kids?

Insurers like selling car insurance to married couples mortgaged and with kids and jobs. You are very easy to credit check and generally display responsible behaviour which hints at a lower risk for the insurer. That can reduce your car insurance quote.

Don’t modify your car

We all see the bling bling cars that haunt Supermarket car-parks late at night and whether you like the tacky neon colours and loud exhausts is neither here nor there – the fact is that any sort of modification is likely to hike your car insurance premium. Modifications can draw attention, invalidate warranties and in the case of loud exhausts, can also be illegal (if above the noise limit). If illegal, then it could invalidate your insurance as well. The fact is that car manufacturers spend a lot of time developing their products so they work well and if you modify them then it’s all out the window and your insurer will be scratching his head wondering what he should charge – and it will almost always be more than a standard vehicle.

How To Choose College Student Car Insurance

A car to a college student is like treasure to a pirate. Having a car at college is a luxury that not many students get to have.

Most students ride their bikes or walk to class, but if you are one of the few who gets to drive to campus and take long trips on the weekend, then you have to be prepared for the responsibility of owning a car. And that means you have to be covered with student car insurance.

Besides tuition and books, car insurance for students is one of the biggest expenses a student will pay in college. But if you are careful about choosing your student auto insurance, you will be able to work the payments into your student budget and still manage to save money in your savings account.

The Basics of Student Car Insurance

Finding cheap car insurance for students can be difficult since younger drivers usually have higher premium payments to make. It has nothing to do with you personally, but young drivers just tend to make more insurance claims than older drivers, so insurance companies will charge you more so they can make more money.

There are also other factors that can affect the amount a student will pay for student car insurance, such as:

  • Age
  • Gender
  • Driving record
  • Location of vehicle
  • Damage history of vehicle
  • Distance driven daily

You can’t avoid these factors when you are applying for student auto insurance, but there are many ways that you can lower your premium payments. You just need to take the right steps towards choosing your student insurance.

Tips for Choosing Your Student Car Insurance

You can’t avoid being young and in college, but there are steps you can take to lower your student car insurance payments. And even though you want to find an insurance company that offers car insurance specifically for students, not all of them do, so if you can’t get student car insurance, then follow these tips to get a cheaper car insurance plan:

Shop Around for Options

Find out as much information as you can for at least 3 different insurance companies. Compare their premium quotes and see who has the best benefits for your money.

Know Plan Basics

Knowing the basics of a student car insurance plan is very important in choosing the right kind of plan for your needs. Not all car insurance for students is the same, but the parts that make up the plan usually cover the same areas.

Here are the six basic parts of a student car insurance plan:

1) Bodily Injury – Covers you for bodily injury you might have caused to another person.

2) Personal Property Liability – Covers damage or injury you might have caused to another person’s property.

3) Collision – Covers you for any type of accident with another car or with an object like a parking meter or a utility pole.

4) Comprehensive – Covers you in case someone steals your car or something in it, or the weather damages your car. It is best to get both of these types of student car insurance coverage.

5) Personal Injury Protection (PIP) – Covers medical costs and any lost wages from a job for the policy holder and any injured passengers.

6) Uninsured Motorist – Covers you for accidents with motorists who do not have car insurance. Also covers you for hit-and-run accidents.

Maintain Good Grades

Many insurance companies offer discounts to students who maintain a B average or higher. Make sure you bring proof of your grades when you apply for your car insurance.

Apply for all Discounts

Even if you get a student discount, always apply for any discount that the insurance company is offering. Most insurance companies will offer you a great deal if you purchase multiple insurance plans together, like car and renter’s insurance, and they might even offer you a family discount if you sign up for the same insurance as your family members.

Buy the Right Car

Before you even get student car insurance, you need to get a car that is right for you. Car insurance is often based on a car’s safety probability, so high speed sports cars and smaller cars have a greater risk of damage. They are also more likely to be targeted by thieves, so you should buy a more practical car with good gas mileage and reliability rather than a car that costs more than your entire student budget.

Walk or Bike More, Drive Less

Even if you have a car, that doesn’t mean you have to use it everyday. If you live on campus and you’re close to class, either walk or ride a bike and save on gas money. Some insurance companies will give you a low-mileage car insurance deduction if you drive below a certain number of miles each year, so save your long-distance car driving for the weekends.

Increase Your Deductible

If you increase your deductible – the amount you pay towards a claim before your insurance company pays – then you can save from 15% to 40% on your student car insurance premium.

Install Secure/Anti-Theft Devices

If your car’s seat belts and airbags don’t’ work, you should get them fixed as soon as possible. Also, if you don’t have an alarm system, get one installed. The safer you are against accidents and burglaries, then the less your car insurance company will have to pay and the less you’ll have to pay to them.

Be a Safe Driver

The most important step you can take towards lowering your student auto insurance is to be a safe driver. The fewer driving violations and auto accidents that you have the more money you will save with your car insurance. That means you should never drink and drive, you should park your car in a safe area or in a garage and you should always maintain the proper speed limit.

College should be both a fun and safe experience, so if you have a car and use it as part of your daily routine, always have student car insurance for protection.

Easiest Car Insurance Free Quotes

Imagine this! You are walking down the market place checking out the variety of rates for a box of apples. You scout the market on foot, personally checking with all vendors who have apple carts on display. The entire process takes you roughly about an hour as the market is spread out over a large area. You pass by those that quote a high rate and mentally check those that offer the sum that’s nearest to what you can pay. At the end of the exercise you zoom in to the vendor who offers the best quote for the best quality as well. And then you pick your lot. Something similar happens when you shop around for the best free quote in car insurance.

Let us first understand what insurance is. Answer: Insurance is basically an agreement you make with an insurance company to secure yourself or your belongings in case of any eventuality. The insurance is payable in cash, the amount which is pre-decided between the insurance company and the insured. The insured pays a premium to the insurance company regularly towards this insurance cover.

Car insurance is insuring the car that you or your family/ employees would drive. All car insurance companies provide quotes for your cars on request and you can get free quotes by spending some time looking around yourself. Unlike going about the car insurance market on foot as described, there are easier ways to obtain some good free quotes.

Obtaining free quotes for your car insurance is something like this. All vehicles by law are required to have insurance. If your car is not insured you cannot drive it. Therefore you need to get a car insurance done at the earliest.

Now, how do you go about getting your quotes?

In today’s internet savvy generation, car insurance quotes can be obtained free over the net. You can also find loads of information about numerous car insurance companies that operate in your district and those car insurance companies, which offer the best and free quotes as well. This helps cut any costs that may be associated in obtaining car insurance quotes from several car insurance agencies.

Let’s assume you need a car insurance free quote today. What do you do? Simple, as a first step you log on to the net and run a search for car insurance free quote in your district. This will throw up several web links. You have to click on them to read and understand what the car insurance agencies offer, their free quote requirements, their policy and procedures and such information.

When you are scouting around for the relevant car insurance free quote information you will need some specific information regarding your car. To start with you need to provide your personal contact information which would include name, contact numbers, email address, car driving license number and since when you have it etc.

Then you will need to fill in details about your car like the any current car insurance policies you are holding and their term. This section will probe your car history (any accidents, tickets or violations), the car make and model (4 Wheel drive or sedan), your specific use of the car (to work/ cross-country), and details like if the car has airbags, security alarm system etc etc.

You will also need to clearly mention in your quote requirements what is the coverage amount you need like a full cover or liability only. Also required by the car insurance companies is the bodily limit injury amount you are seeking. Once you submit these details related to car insurance, your quote will be on its way.

All you need to do is await a number of free quotes from several car insurance companies. Once you have shopped around among the best car insurance companies in your district to get the best free quote, select one. You have to try to get the maximum car insurance benefits for your free quote. If you find that you are not happy with the rates in the free quotes that the first lot of car insurance companies have sent you, there are ways to get even better free quotes.

Free quotes depend on the information you put in on the car insurance websites. You can reduce the premium amounts mentioned in the free quotes drastically if you do any of the following and mention the same in your free quote request. You park your car inside a garage. This eliminates damage and theft. You set a ‘break in warning alarm system in your car. You alone drive your car instead of several persons. You don’t have a history of self-caused accidents or violations. You don’t need a car hire clause when your car is taken by the insurance agency for any repairs and many such important points.

So you see, you can get fantastic free quotes from reputed car insurance agencies for your car without moving out of your home.