Getting a Great Deal on Your Car Insurance
So you’ve passed your driving test and received your shinny new pink licence. After that why not now get a great deal on your car insurance for that little motor sat on your driveway.
Car insurance can feel like a bit of a slap in the face with high premiums for instance for young inexperienced drivers. In this article lets have a look at what we can do to help ease the pain of choosing a plan and in addition help keep some of that hard earned money in your pocket.
What is car insurance
Car insurance is to protect your vehicle not only that but the legal obligation to other drivers. It is an annual premium that can be paid off in one lump sum or similarly can be split into monthly payments.
As a matter of fact there are different levels of car insurance. let’s have a look at the different types and see if you can get a great deal on your car insurance and above all save you some money.
Third party only
Firstly we start with third party only. This type of cover you will be driving on a shoe string but if you have bought an old banger could this be enough. This is the minimum insurance you can take out.
1. You will not be covered for damages to your vehicle if the accident is your fault with this type of cover however other vehicles will be covered.
2. In addition passengers in your vehicle will also be covered.
Third party fire and theft
So you have a tendency to burn things down and leave things in dodgy places. This may be the cover for you. This is the middle of the road insurance type.
1. This type of insurance plan will cover all the things third party only covers with the additional cover for
2. Fire damage.
3. If your vehicle is stolen.
So you want your car to be super safe. This is the highest level of cover you can get and will cover you.
1. If you have an accident which you are to blame for, the value of your vehicle and any repairs are covered.
2. Fire, theft and accidental damage is also covered in this plan.
Useful advice on finding the cheapest deal for you
In this paragraph I,m going to discuss some of the ways you can help to get a better deal on your car insurance and therefore save some pennies.
1. Compare the Meerkats, I mean markets
Firstly to begin with there are loads of compare sites to try out which will do a lot of the hard work for you. All you do is fill in a search filter and the system will search for the cheapest quotes. Here’s a link to some of those sites below
2. Have a look yourself
Equally important is to compare sites yourself. Call as many as you like and try and get the best price.
Maybe recommendations from friends or put a post on social media for recommendations may help you snaffle a great deal.
3. Haggle like a rug buyer in India
The game is on. Car insurance is a very competitive market so haggle. The car insurance companies will take advantage of you if you don’t. They will often drop the price if they think you will go elsewhere not to mention the extra perks they may include to keep you keen.
4. Increasing voluntary excess
Agreeing to pay more towards an accident can bring down your insurance premiums. If the accident was not your fault then the excess can be recovered (phew). Just be careful, if you have a cheap vehicle it may not be wise to let the excess rise too high if the car is not worth more than the excess for instance.
4. Less driving equals less money
If you cover less miles per year you will save more money. Many people will overstate the amount of miles they think they will do a year for instance. Sit down and have a good think of what the car will be used for and calculate a more accurate estimate. Be honest though as understating your mileage could invalidate a claim if you do have a little whoopsie.
5. Driving courses
In the first year you are eligible to take extra tuition via the pass plus scheme
The pass plus scheme is another way of getting a great deal on your car insurance and is recognised by many insurance companies. The pass plus scheme can also be done with our DVSA approved driving instructors here at www.passmefaster.net
6. Boy and Girl Racers Beware
Modifications to your vehicle that are not standard specification will usually put up the price of your insurance. If you want that big booming exhaust and those blacked out windows you may need to dig a little deeper.
7. Use your Garage
Clean up the mops buckets and that pasting table from your garage and make room for your car. Having your car garaged will save you a little on your insurance and will reduce the risk of theft. It will also help keep it in better condition through the winter.
8. Security Devices
Snatch up to a 5% discount by installing security devices to your car like immobilisers, dash cams, approved alarm systems or a tracking device.
9. Protecting no Claims Discounts
The more years of no claims discount you have the lower your insurance premiums will be. Get them protected for a small fee and you could save up to 80 or 90 % of your no claims discount if the worst was to happen.
10. Black Box System
No it’s not like a planes to record what happened in a crash. The black box system records how aggressively you brake or accelerate, it tracks your speed and how cautiously you drive and then rewards you with a discount. It also monitors when you drive and calculates the risks of driving at different times of day.
This system particularly benefits younger newly qualified drivers.
So to summarise spending time on using these tips above can really save you some pennies and find that great deal you deserve.