Car Insurance Deals

In today’s’ times, with all the modern and easy ways that lay at the consumers fingertips, auto insurance is a very competitive field. You want to make sure that you choose wisely, as owning and operating a vehicle does place you in the position to be exposed to fire, theft, damage, and loss of property. A traffic accident can occur at any given time and can lead to damage, injuries and/or total loss.

Car insurance may function as protection against liability when the insured is at fault, in an accident, as well as provide protection for the owner’s vehicle. Insurance varies and may provide third party coverage against third party injuries and property damage, while excluding coverage for the insured’s own vehicle or property. On the other hand, companies also offer comprehensive coverage against accidents, theft, fire and liability to third parties. Third party only is the basic legal requirement to drive in the UK for example.

One of the simplest ways to reduce your car insurance premium(s) is to choose something called higher voluntary excess. The standard excess may be around one hundred British pounds. If you change your contract so that you pay the first two hundred and fifty pounds of any claim, your premium will go down. By accepting some more risk, you remove the burden from the insurance company and they can give you a lower premium. This is a bet that you will be able to handle the excess in the event you need to make a claim.

Using a security device will help reduce insurance premiums. The Thatcham rated security equipment is recommended by many insurers. Even just using an alarm is helpful. An additional cost saver is the fitting of the steering lock, especially when used in high crime areas. Not only is money saved, a sense of peace is gained.

Your insurance policy premiums may be impacted by the addition of other drivers. A driver’s age, sex, and driving record will determine the positive or negative effect. A negative effect would be a young driver with little driving experience or one with several points. On the other hand, a female, over the age of 30, with a good driving history will positively impact insurance premiums.

If you drive no more than 5000 miles per year, then you may be able to get a discount for limited mileage driving. Not all insurers will give you these options, but you might as well ask them if a discount can be arranged for your situation.

Shopping around increases the opportunity to save money. The growth of the Internet has had a profound effect by making shopping around much easier. The differences between high and cheap insurance quotes can be extreme when shopping for insurance for similar cars and drivers.