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Tips to save on Car Insurance
Shop around for car insurance quotes.
Shopping
around for car insurance quotes will enable you to find the best car
insurance rates and the most suitable levels of car insurance cover. Searching
for car insurance quotes online is a great point of departure, as you won’t need
to drive around to get these car insurance quotes.
Get an
online car insurance quote from Auto&General Car Insurance,
Dial
Direct Car Insurance, Budget Car Insurance or
1st for
Women Car Insurance.
Don't use your car for
business purposes.
Using your
car for business purposes entails getting business usage insurance. As you’ll be
on the road more often, this will significantly increase your monthly insurance
premium.If at all possible, opt not to use your personal car for business purposes.
Driving to work and back, however, is still private use.
Drive less
Driving less may qualify you for a low-mileage car insurance discount. If
your car insurance policy features this discount, it would count in your favour
to limit your mileage where possible.Drive even more carefully
Driving safely and not having any accidents or related insurance claims for an
extended period of time may qualify you for a no claims bonus. The best
way to qualify for a no claims insurance bonus is to drive responsibly and
defensively at all times.
Buy a low-profile car
Flashy sports cars get stolen more readily and are statistically proven to be
driven more recklessly. Buying a low-profile “ordinary” vehicle without any
sports modifications in a standard colour will reduce the risk of having the car
stolen, and automatically places you in a lower risk category.
Statistically, car insurance companies approach the owners of sports cars as
reckless drivers. Therefore, buying a low-profile car will let you qualify for
lower monthly car insurance premiums.
Get
online car insurance quotes
Get an online car insurance quote is not only convenient, but can save
you some money as well! Dial Direct, for example, offers an additional 5%
discount on your premium when you get an online insurance quote.
However, getting an online quote from a number of car insurance companies will
give a better comparative view. Get an online car insurance quote from
Dial
Direct, 1st for Women and
Auto&General, and see
which insurance quote and insurance cover best suits your unique car
insurance requirements.
Keep your car in a garage
Cars parked in garages are far less likely to be stolen, vandalised or driven
into by other vehicles. In light of the fact that this reduces your risks, you
may well be entitled to a slightly reduced car insurance premium.
Have safety/anti-theft
devices installed
Some car insurance companies will not ensure your car unless it is fitted with a
standard anti-theft device, most often an immobiliser. Additionally,
safety devices such as airbags, anti-skid braking (ABS), etc. may also reduce
your car’s risk profile. Get a couple of insurance quotes to establish
how big the monthly savings on your insurance premium will be.
Fitting a car alarm or a tracking system will certainly also lower your monthly
car insurance premium. However, in the event of an accident, your
insurance premium will be increased after you’ve claimed. Some car insurance
companies fix their insurance premium rates for 12 months, so the increased
monthly tariff will only be effective a number of months after the accident.
The benefit of this is that you can stick to within your annual budget and allow
for the increased insurance expense during the next year.Enquire about car insurance discounts
>
Contact a few insurance
companies or a car insurance
broker to find out which
discounts you will be
eligible for. Be sure to
mention your personal
details and any factors that
may count in your favour.
Online car insurance
companies such as
Dial Direct offers a 5%
discount when you get an
online car insurance quote
from their website!
Increase your insurance
excess
In most cases, increasing
your excess will lower your
monthly insurance premium.
Be sure, however, that you
can still comfortably afford
the higher excess, as
accidents can happen at
times that may not suit you
financially.
Nominate designated drivers
The fewer people are allowed
to drive your car, the lower
your car insurance premium
will be. Fewer drivers means
a lower risk, which
effectively saves you money
on your car insurance
policy.
Negotiation pays
Don’t just accept the
offered insurance quotes
upfront. There is always the
possibility that the agent
selling the insurance is
allowed to give a discount
if it means signing the
piece of new business. If
they really want your
business, they may well
reduce the insurance quote
by a few percentage points. |
