I’m sorting out my car insurance and just like everyone should, I’ve been scouting around for the best deal. It actually came from our insurance broker and here is how.
Lets start out with my quote from Direct Line. We all know that they offer low cost quotes, as long as your requirements are pretty standard. My quote from them was £332.
I then used a car insurance price comparison site and quotes started at £310. There are obviously some good deals to be had there so why didn’t I buy the insurance through GoCompare?
The answer lies in what the cheap policies don’t provide and this is very important when it comes to actually needing to claim on the insurance, which we all hope we won’t have to do.
Here is the list of benefits that Direct Line and the other policies were not covering that the car insurance I bought via the insurance broker does:
£100 excess – Direct Line and the others had £250 excess
Includes full roadside breakdown cover for both our cars
Replacement car
Note that these are all benefits that you hope you don’t need, but are invaluable if you do have a problem. For example, what happens if you rely on your car yet it is off the road being repaired for two weeks after an accident? A hire car for two weeks will cost hundreds of pounds.
The same applies to the breakdown cover. RAC roadside assistance starts at £28 per year for one car, but increases to £61 to cover two cars.
So how much did I pay for my car insurance via our broker? I paid £399. Yes that costs more than the other quotes but add RAC cover for two cars to Direct Line’s quote and you get a total of £393, but you don’t get a replacement car and have a higher excess all for a £6 a year saving. Not good if you need them.
Source
Thursday, January 28, 2010
Friday, January 15, 2010
Cheaper insurance tips revealed
Drivers of used cars who are hoping to cut back on their insurance spending will be interested to see a list of insider tips for bringing down the cost of premiums.
A number of quick and easy ways to make savings on car insurance policies has been published by moneysupermarket.com.
Younger drivers of used cars will be interested to note the tip that they can bring down the cost of their insurance by adding an older driver on to their policy.
While a more general piece of advice from the website is to shop around for your car insurance policy, whatever your age and circumstances.
Other top tips include adding a partner to your insurance or halving your mileage by car-sharing with a work colleague.
Earlier this month, moneysupermarket.com released research which showed that seven of the ten cheapest locations in the UK for car insurance are in Scotland.
A number of quick and easy ways to make savings on car insurance policies has been published by moneysupermarket.com.
Younger drivers of used cars will be interested to note the tip that they can bring down the cost of their insurance by adding an older driver on to their policy.
While a more general piece of advice from the website is to shop around for your car insurance policy, whatever your age and circumstances.
Other top tips include adding a partner to your insurance or halving your mileage by car-sharing with a work colleague.
Earlier this month, moneysupermarket.com released research which showed that seven of the ten cheapest locations in the UK for car insurance are in Scotland.
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