Saving Money on Car Insurance
Like with most types of insurance, the car insurance sector is extremely competitive. There are a lot of providers of this product, but also a lot of different factors that are taken into account to do with age, experience, vehiclee being insured and more besides.
All of the above means that it can be pretty tricky to work out what is a reasonable price to pay for car insurance based on your personal situation, and indeed what sort of factors are taken into account that, if you perform well against the metrics set against those factors, will enable you to save money on your car insurance.
The first key factor to consider is your no claims. We've all heard of a no claims bonus, but generally the length of your no claims discount, the less risk insurers will calculate you are to them. If you've had insurance for twenty years and never made a claim, then this clearly indicates less risk of a claim being made then someone who has had insurance for a year and already has made a claim. Less risk means that generally a bigger discount will be applied to you.
Another thing to consider is the pragmatic fact that the more you buy, generally the more discount you get: the philosophy of buying in bulk essentially. This means that if you buy several products from one insurer, then you may get discounts for having those multiple products - whether it is home insurance or pet insurance, getting more than one product from a supplier usually leads to a discount. So that's something to consider too.
Interestingly the job you do is taken into account with car insurance, so if your job changes be sure to let your insurer know or ensure that they have accurately captured what your current job is.
There are things about your vehicle that are important too - clearly an attractive sports car is going to attract higher insurance than a bog-standard modern vehicle. Things like immobilizers and car alarms can help to keep premimums down, as can locking your car away in a garage each night, as opposed to just parking it on the road outside where you live.
Remember to quote your mileage when you get car insurance quotes - generally the lower the better as there is less risk usually with newer vehicles.
So these are all things to consider when it comes to your car insurance and how to work out how you might be able to save money on it.
There are two main types of crop yield insurance available, which come under the category of types of agricultural insurance product.
It is self-explanatory what crop insurance guards against -...
Motorbike insurance might sound like a bit of a niche category of insurance, but there are actually a huge number of people who ride these sorts of vehicles, and so even within this there are...
Most people know about car insurance, but what about van insurance? Clearly if you drive a van then you need to know about van insurance.
There are various different types of van insurance which...
One of the most common forms of insurance product is travel insurance.
Wherever there is travel involved, there is invariably risk, and infact a range of risks, and therefore an insurance product...
Property insurance is a product that applies specifically to property, and has various different types of specific that are subsets of the general umbrella term 'property insurance'.
Vehicle insurance is the category of insurance products that cover, surprisingly enough, vehicles.
These can be any sort of vehicle that you can think of, with of course the most common product...
What Is Insurance?
What exactly is insurance?
It sounds like a very basic concept, but it is important to know what insurance is, in order to work out why insurance is so essential to modern-day activities, and why...
If you have bought a car in recent times, then you will probably have come across GAP insurance as the vendor will have asked you if you want GAP insurance or not. If you are not familiar with...
Prize Indemnity Insurance
Prize indemnity insurance is a purchase that would be considered by someone offering a large prize and thus could stand to lose a considerable sum of money. This form of insurance would mean that...
Home insurance is one of the most common types of insurance product, and anyone who has a home will be familiar with it. Home insurance is usually contrasted with contents insurance, which is a...