Nowadays, a car is a necessity for a luxury life. Most of us can’t buy it on full payment. If you do have a consistent job or a permanent job, then you don’t need to worry! You can choose a favorite car and get it insured by any insurer. But before buying any insurance you would need to visit various available
options. Moreover, your insurance policy gets renewed automatically by most of the insurers, yet they don’t keep merit to force you. So, think before buying, don’t accept the offers at first hand when they sent you offers, you must try to find cheap car insurance getting the quotes from different insurers available around you.
Our research team brings 10 things that would help you to get cheap car insurance:
1. Your prices can be lower by adding a named driver. But keep in mind, the main driver is the person who drives the car most and the other drivers are occasional. If you don’t follow this, you cannot get low price insurance. Also, if you don’t add the person who drives the most you would face legal issues encountering fronting.
2. Accept the policy in which you agree and willing to pay more at any claim will also change the price, i.e., you need to increase your voluntary excess. Any compulsory excess that is listed in the policy list must be considered by you, yet you would pay the full amount of any claim that you make.
3. No-claims bonus (NCB) is an important element to low your insurance price that should be maintained. For instance, if you switch your insurer, you must keep evidence of your previous NCB because your new insurer must ask you to provide you previous record of NCB.
4. Don’t choose monthly payment plans, if you can, pay annually. In monthly plans, the insurers would charge an admin fee, more interest, or policy maintenance charges that would ultimately cost you 15% extra than the annual plans2.
5. Carefully see your add-ons, and don’t accept any unnecessary add-ons, for instance, legal assistance or breakdown cover or other feedbacks, that will also add up a heavy cost into your installments and your quote will become costly. So, be smart, accept what you need most!
6. Mention correct job title, which will also lower the prices, almost all the insurance companies utilize your occupation when they calculate the prices maintain rating factor.
7. Renewing or buying the policy earlier can also reduce your insurance price. If you don’t buy or renew your policy, you could need to pay more than the offered price at promotions. The best time is to buy your policy is 3 months before the expiry date of the previous plan.
8. Cover levels must be compared carefully; it is not necessary basic covers can always be the cheapest. But sometimes, if you choose a comprehensive plan involving other covers could be cheaper even though you add higher levels of cover.
9. Cover level may be maintained assessing the usage of your can. You may need only basic cover if you drive occasionally for social use only. And if you drive your car for business purposes, you would need a higher cover level. And, If you use it for both purposes, then a higher level of cover could be needed depending on your usage.
10. Maintain your milage carefully, because mostly you pay for the miles that you utilize. Yearly 7000 milages are averagely assigned. So, estimate, plan and maintain your trips’ milage before buying or renewing, most importantly, separate the milage that will not cover through car drive of the milage. You can maintain this by checking your last 12 months’ milage record if you record.