Car insurance: how much will you save?
Feb 25 2010 By Mary Barabe
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If you were told there was a way of saving a substantial amount of money in a matter of minutes, you’d take it seriously. More and more people are paying far less for their car insurance nowadays, and it’s all done quickly and easily on the home computer with just a few clicks of a mouse.
Comparison websites have revolutionised the car insurance market, and have brought cheaper policies to the masses in the last few years. They’re packed to the brim with tempting quotes that can save the user a small fortune, and are free, impartial and totally independent. If you’re looking to cut costs, head there now for some major savings.
Fully comprehensive insurance, as the saying goes, does exactly what it says on the tin. It covers the policy holder for damage to his/her car, as well as that of other motorists in the event of an accident. It’s usually more expensive than a third party policy, which only covers the other driver.
A vitally important factor when choosing a new provider is customer service, and thanks to the websites it’s easy to check this. There is plenty of feedback about each company, posted by consumers over the years, so it’s simple to build up a picture of which ones are likely to treat their policy-holders better.
At one time, selecting the best car insurance involved a mind-numbing process of phone call after phone call, before making a choice from the obtained quotes. It was a little like apple-bobbing; sooner or later, you’d manage to get an apple, but there was no guarantee it was the best one. Thankfully, making a decision is far simpler nowadays.
Driving without insurance in the United Kingdom is a serious offence. Because it’s an unavoidable expense, it’s imperative that drivers make a big effort to find the cheapest cover.
A good way to keep the costs down is to improve the security of the car. Any vehicle fitted with a tracker, an immobiliser or an alarm will entitle the owner to lower premiums, because the risk of theft is substantially reduced. In the same vein, if the car is kept in a garage overnight, or off-road, it will bring a price reduction.
If you’re on a tight budget at the moment, you can opt to pay for your policy by monthly instalments, an extremely useful arrangement that many people choose. Spreading the cost is a little more expensive than paying the premium in one lump sum, but for many it’s a great help with budgeting.
There are increasing amounts of people on the roads every year, and the cost of driving doesn’t come cheap. Vehicle duty and fuel are more expensive now than ever before, and maintenance doesn’t come cheap, so finding reductions anywhere will always be a big help.
Because of the many factors involved in calculating car insurance, it’s perhaps not surprising to find such wide variances in cost. It really is time to log on and sign up to some very welcome financial relief.
