Thursday, August 11, 2005
The Magnificent Seven - Quick Tips for Cheaper Car Insurance
Getting the best deal on your car insurance does not mean that you have to forgo the security of being covered by a well-known insurer. There are many ways of tailoring the policy and considerations you need to make to provide the cover you need at a lower cost.
1 Excess
All policies have an ‘excess’ or deductible – that is the amount you will have to fork out if you make a claim on your car insurance. It can range from £50 ($90) upwards. However, choose to pay an additional excess on top of the compulsory excess and you’ll pay a lower premium.
2 Residence
If your car is garaged overnight or on your driveway, you’ll pay a lower premium than if it was left in the street.
And those who live in the country will pay less than someone living in an inner-city.
3 Grouping
While you may be able to pick up a second hand Porsche at a bargain price, you’ll more than make up it for the cost of insurance. Check out the group - the lower the group number, the lower the premium.
Read the full car insurance article by Jason Hulott.
1 Excess
All policies have an ‘excess’ or deductible – that is the amount you will have to fork out if you make a claim on your car insurance. It can range from £50 ($90) upwards. However, choose to pay an additional excess on top of the compulsory excess and you’ll pay a lower premium.
2 Residence
If your car is garaged overnight or on your driveway, you’ll pay a lower premium than if it was left in the street.
And those who live in the country will pay less than someone living in an inner-city.
3 Grouping
While you may be able to pick up a second hand Porsche at a bargain price, you’ll more than make up it for the cost of insurance. Check out the group - the lower the group number, the lower the premium.
Read the full car insurance article by Jason Hulott.
