The difference in price between various companies can be significant. What the company can not consider a high risk of another company would be considered as important. Insurance companies set the price for car insurance by adding or cash each time you give answers to the questions they ask. Every business has its own rules about what they think ought to reduce or increase your premium. By shopping around you will have a better overview of the prices compare.
Buying a car smaller second group
One of the important factors that insurance companies take into account, of course, your vehicle. There are thousands of different cars on the road so companies divide them into groups. Most companies adopt rating ABI group (ABI). The vehicle is divided into 20 different groups. In general, higher group rating for your vehicle, the higher the premium. Some companies may also combine your driving experience with the vehicle group to get a better idea of how high the risk is obtained. This is one of the reasons why young drivers should consider buying a lower group car if they want their insurance costs.
Third Think about a third party not related to
Third party insurance is only a minimum amount of insurance required by law - it is also the cheapest. In general, you should consider options for this type of policy if your vehicle is of little value. In the unfortunate event of an accident, damage to vehicles covered by the third, but there is not any damage to your vehicle. However, if your vehicle is of little value then you can not be concerned too. It might be worth paying more for a fully comprehensive policy in these circumstances.
4 You have good status
Insurance companies are increasingly adopting credit scoring techniques as part of the overall calculation of your car insurance premiums. By keeping a good credit history you can avoid the additional premium that companies add to the price for the bad credit score.
5 Buying on the Web
Many insurers now offer some good discounts on policies bought through the Internet. The theory is that by purchasing your insurance over the Internet, the company saves money by requiring telesales agent time and provide free phone costs. These savings will be transferred to you in the form of a discount for buying online. If you look at the prices on the phone again to quote on their website, you may be surprised how much cheaper.
6 They have a higher voluntary excess
In the excerpt, how much you are asked to volunteer more than you want. Insurance companies usually include mandatory participation in politics, but give the option to increase as you wish. More voluntary excess the lower the premium should be. However, in the case of a complaint, you must pay yourself a higher amount, the total is higher than the politicians.
7 Reduce your annual mileage
How many miles a year is a common question that can affect your car insurance premium. The more miles you do more your premium is likely. Quotation systems and telephone agents will often show you the number of miles. Find out how many miles you actually do. Can then offer above. Of course, you should always give an honest answer to these questions and others.
8 Keep a clean driving record
It may be easier said than done. However, by having few or preferably no driving convictions, you can avoid penalties, increased insurance premiums on your auto insurance. Their remains are often fine with not only financial penalty you create. Insurance companies take very seriously all driving convictions and usually an important part of their evaluation process. You can also increase your insurance costs to expect when you get caught driving with a conviction, so it pays to be safe drivers.
9 Keep claim free
It fits in number 8 above. The biggest factor affecting the cost of your car insurance premium is how many years you have no claims bonus. Full no claims bonus is generally regarded as most companies in five years or more that give huge discounts, in some cases up to 75%. The safe driver and avoiding potential claims, you can always use it to build its number of applications for free. Each year no claims bonus would be to reduce the cost of insurance. Some companies give the option to pay a little more premium to protect your no claims bonus.
10th Be realistic about the value of the car
Most of us have inflated views of what our car is worth. When asked the value of your vehicle during the insurance quote, people often say, amount that is unrealistic and above the actual value of the car. People must believe that this is what is returned in case of insurance claims. The fact is that the company will pay only what the car at the right time and what you typed on the menu. Indeed, according to high and unrealistic value, you use your car insurance as it is often a factor affecting your final price.
11 Remove unnecessary named drivers
Other drivers on your policy usually mean a higher premium. Many people add a few decorations on the policy in case it is necessary to drive a car. However, each of the drivers will increase costs. Only named driver on a policy that will definitely driver the car, you can reduce the final price. If you find that unnamed driver needs to drive a car, than most companies will allow you to name a new temporary driver by adding a small price.
12 Improving the safety of the vehicle
Theft of and from your car, are important factors to calculate the cost of insurance. Most companies offer a discount you better make sure your vehicle. Alarm and immobilizer will usually attract a small discount whilst having a tracking device may impose a greater reduction. Some companies require installation of these devices on cars are more expensive and desirable before you bid price.
13 Take the advanced driving test
Although not mandatory, advanced driving test can not only improve your driving skills, but also help reduce your car insurance premium. Some companies look favorably on people with higher test as a commitment to safe driving and reduce the chance of an accident shows.
Paying premiums on the 14th time
By paying for your car immediately, you can avoid paying additional interest payments would be added if you choose to pay in installments. Interest costs can be very important, so if your money allows, you can create a good amount of money to pay for an item on the front. In some cases, even small companies decline to do so.
Okay, so it may seem like a dramatic final way to reduce your premium. However, some insurance companies offer lower premiums if named drivers are insured and spouse as opposed to two unmarried drivers. Some companies believe it is an element of stability is the hallmark of safer drivers and give you a discount on this basis provides.