There are a number of common mistakes people which don’t realise are costing them when they apply for their car insurance. Here is a list of how to get cheaper car insurance.
Car insurance is something most of us barely think about most years and just pay out money hand over fist each year for ‘” however it needn’t be that way as you will see.
There are a number of very common mistakes made by people every time they have to pay out their insurance ‘” we look into these, so you won’t make the same errors.
Use your Garage
One of the other silly things people do, or sometimes don’t claim they do is parking their car in their garage. Insurance companies love people who park their cars indoors as it greatly reduces the chances of the automobile being stolen. If you do claim that you do park your car in your garage, make sure you do, as if your car is stolen from outside your front door and you haven’t it parked inside you may lose your entire claim to reimbursement.
Show them You’re a Good Driver
One other thing people seem to be unaware of or just never bother to do is to tell car insurers about how good of drivers they are. There are a number of things a person can have or do to show they are a good driver, including having a no claims bonus, having a clean driving record for a long time, being with the company for a long time ‘” though we will move onto that next, driving a vehicle with safety modifications and driving only limited miles every year. All of these results in your insurance company taking a positive view on you and perhaps lowering your insurance.
Insurance companies hold the best and the cheapest quotes for new drivers to the company. This is to lure them in and get them to join the company. If you are a long term customer, there is less chance of you leaving and so they feel they can charge you that little bit more. The best thing to do is to compare the price of the insurance with a number of different companies ‘” easily done on price comparison sites. The get a quote that is cheaper than the current one you pay ad tell your current company you want this matched or you will leave. This should see them lowering your insurance and giving you cheaper cover.
Raise your insurance deductable
One of the biggest mistakes people make is keeping their insurance deductable at as low of price as possible. Consider raising this deductible to as high of rate as possible, it will mean more to pay if you do have a crash, though if you don’t it will mean you save a large amount on the comprehensive and collision part of your policy.
Paying in Instalments
Paying insurance in instalments may seem like a far more manageable way of paying off insurance; however it will cost you more than paying a one off sum. Insurers add convenience fees to instalments and this can really build up and mean you pay more over a year ‘” try pay a one off fee.