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.
Tuesday, December 15, 2009
Staying Insured In States With High Car Insurance Rates
There are many states where the cost of auto insurance can be quite expensive and sometimes unaffordable, but there can be ways to locate a policy that is within an individual’s budget even in the states with high costs for automobile coverage. Driving uninsured is never a good idea and shopping wisely and comparing effectively can help motorists stay on the road legally at a price they can afford.
Unfortunately for individuals who reside in states such as New York, Massachusetts, New Jersey, Florida and Louisiana usually end up paying the highest car insurance rates by state according to the NAIC and the motorists who live in the District of Columbia also suffer from inflated premiums. There are many factors that come into play that can affect the amount of policies such as traffic congestion, high amounts of coverage required by the state and crime rates.
In recent years, specific cities have also been hit by high rate increases. According to a press release from the state of Michigan regarding an auto insurance study and report it states, “The report compares 2006 auto premiums in Kalamazoo versus South Central Detroit from six Michigan auto insurers. Detroit's premiums ranged from 241% to 365% higher.”
Source
Unfortunately for individuals who reside in states such as New York, Massachusetts, New Jersey, Florida and Louisiana usually end up paying the highest car insurance rates by state according to the NAIC and the motorists who live in the District of Columbia also suffer from inflated premiums. There are many factors that come into play that can affect the amount of policies such as traffic congestion, high amounts of coverage required by the state and crime rates.
In recent years, specific cities have also been hit by high rate increases. According to a press release from the state of Michigan regarding an auto insurance study and report it states, “The report compares 2006 auto premiums in Kalamazoo versus South Central Detroit from six Michigan auto insurers. Detroit's premiums ranged from 241% to 365% higher.”
Source
Saturday, November 28, 2009
Getting the Best Auto Insurance Rates
You need car insurance coverage to protect yourself and your family from injury. You also need auto insurance coverage to protect yourself financially from having to pay for any property damage if you have an accident. Almost all states will not allow you to register your car until have insurance. The State of California has a low cost auto insurance program.
Deciding on out how much auto insurance coverage you need will be based on the minimum amount of auto insurance you can have in your state, how much insurance coverage you feel comfortable having, and how much you can afford.
When you compare types of insurance coverage, be sure you’re comparing apples to apples. The two main types of car insurance coverage are liability insurance and collision insurance. You can also have auto insurance coverage to pay for a rental car when your vehicle is being repaired.
Source
Deciding on out how much auto insurance coverage you need will be based on the minimum amount of auto insurance you can have in your state, how much insurance coverage you feel comfortable having, and how much you can afford.
When you compare types of insurance coverage, be sure you’re comparing apples to apples. The two main types of car insurance coverage are liability insurance and collision insurance. You can also have auto insurance coverage to pay for a rental car when your vehicle is being repaired.
Source
Sunday, November 15, 2009
Cheap Car Insurance ý Heaven or Hell!
Cheap car insurance can be hell, not heaven. Yes, you read that right ý cheap car insurance can be hell. Okay, not always. But if you donýt do your research correctly you could end up paying less for your car insurance to start with, but end up with inadequate cover, huge excess payments or heavy penalties in the long run. Itýs when this happens that cheap car insurance can become hell.
The cheapest car insurance may not offer all the extras you want, and you could end up paying more if you are unfortunate enough to have an accident. For example, extra items like legal cover and the provision of a courtesy car should your vehicle need time for repair, are sometimes optional extras. Often these items are removed to make the car insurance policy cheaper. If you need a vehicle for work and you donýt have courtesy car provision, you could end up losing money should your car need repairing for a week or so.
If you are happy with your current insurer, it is worth getting quotes to renew your policy with them. If you can find a price online that beats the one you are offered, tell them. They might then try to match, or even beat the price you have found online, therefore saving you even more money on your car insurance but meaning you keep the same benefits that served you well over the past year.
Everyone wants to find the best deals available to them. It seems silly to waste money on one product when you can get exactly the same, but for less money. The reason cheap car insurance can become hell though, is because many people make the mistake of not getting the same for the best money. Instead they get less for less money, and it is only when something happens that they realise it. For example, you may find a great car insurance deal that saves you loads on what you were paying last year. Only, when your window gets smashed, you realise your new policy charges you ý150 excess, whereas the last one only charged ý50. Suddenly you are even more out of pocket when you thought you were actually saving money.
Things that will make your car insurance cheaper include things like where the car is kept overnight. If it is kept in a garage, your insurance is likely to be less than if you keep your car in a public car park. Donýt make the mistake of saying your car is kept in a garage when it isnýt, to make the policy cheaper. You may find that when you come to claim for something that happened overnight, you have problems because the car was not in the garage.
Source
The cheapest car insurance may not offer all the extras you want, and you could end up paying more if you are unfortunate enough to have an accident. For example, extra items like legal cover and the provision of a courtesy car should your vehicle need time for repair, are sometimes optional extras. Often these items are removed to make the car insurance policy cheaper. If you need a vehicle for work and you donýt have courtesy car provision, you could end up losing money should your car need repairing for a week or so.
If you are happy with your current insurer, it is worth getting quotes to renew your policy with them. If you can find a price online that beats the one you are offered, tell them. They might then try to match, or even beat the price you have found online, therefore saving you even more money on your car insurance but meaning you keep the same benefits that served you well over the past year.
Everyone wants to find the best deals available to them. It seems silly to waste money on one product when you can get exactly the same, but for less money. The reason cheap car insurance can become hell though, is because many people make the mistake of not getting the same for the best money. Instead they get less for less money, and it is only when something happens that they realise it. For example, you may find a great car insurance deal that saves you loads on what you were paying last year. Only, when your window gets smashed, you realise your new policy charges you ý150 excess, whereas the last one only charged ý50. Suddenly you are even more out of pocket when you thought you were actually saving money.
Things that will make your car insurance cheaper include things like where the car is kept overnight. If it is kept in a garage, your insurance is likely to be less than if you keep your car in a public car park. Donýt make the mistake of saying your car is kept in a garage when it isnýt, to make the policy cheaper. You may find that when you come to claim for something that happened overnight, you have problems because the car was not in the garage.
Source
Wednesday, October 28, 2009
How To Get The Cheapest Car Insurance Quote
The best way to get the cheapest car insurance quote is to contact a specialist insurance broker who will find the cheapest car insurance that is suitable for your needs. The cost of car insurance will be determined by several factors such as, the value of your car, how you use your car, what type of security measures your car has, who owns and drives the car and what type of cover you require.
One way to get the cheapest car insurance quote is to buy a smaller car, as smaller cars are less expensive (and so are valued at less) and have smaller engine sizes. Therefore normally, the insurance is cheaper. Fitting a car alarm, tracker or an immobilizer is one way to bring the cost of your car insurance down due to the more enhanced security you have, the less likely your car will be stolen.
The type of insurance cover you need or want will also play a part in how much your car insurance will be. A specialist broker will be able to advise you on which type of cover is right for you, whether that be Third Party, Third Party Fire and Theft or Fully Comprehensive. Parking your car overnight on a driveway or in a garage will lower your car insurance as it is safer and is less likely to be stolen.
Every year contact a specialist broker to search for the best deal for you, do not just renew your car insurance automatically as just because it was the cheapest deal last year, it doesn?t mean it will be the cheapest deal this year.
A specialist broker will be able to search for the cheapest car insurance quote much easier than you can saving you not only a lot of wasted time and money but also giving you the peace of mind that the car insurance you receive is the right deal for you.
Source
One way to get the cheapest car insurance quote is to buy a smaller car, as smaller cars are less expensive (and so are valued at less) and have smaller engine sizes. Therefore normally, the insurance is cheaper. Fitting a car alarm, tracker or an immobilizer is one way to bring the cost of your car insurance down due to the more enhanced security you have, the less likely your car will be stolen.
The type of insurance cover you need or want will also play a part in how much your car insurance will be. A specialist broker will be able to advise you on which type of cover is right for you, whether that be Third Party, Third Party Fire and Theft or Fully Comprehensive. Parking your car overnight on a driveway or in a garage will lower your car insurance as it is safer and is less likely to be stolen.
Every year contact a specialist broker to search for the best deal for you, do not just renew your car insurance automatically as just because it was the cheapest deal last year, it doesn?t mean it will be the cheapest deal this year.
A specialist broker will be able to search for the cheapest car insurance quote much easier than you can saving you not only a lot of wasted time and money but also giving you the peace of mind that the car insurance you receive is the right deal for you.
Source
Thursday, October 15, 2009
Very Cheap Car Insurance In New Jersey
It is important to shop for cheap car insurance in New Jersey whenever you rent a car. If you rent a car in New Jersey, the car is not yours; it is only in your possession for a certain period of time. That means you can not put off repairing damages to the car until you can afford it. Rental car insurance is important.
One way to get cheap car insurance for rental cars in New Jersey is to pay the car rental agency?s collision damage waiver (CDW), loss damage waiver (LDW), liability insurance supplement (LIS), personal accident insurance (PAI), and personal effects coverage (PEC). These types of rental car insurance which will protect the rental car, your personal belongings, your person, and your bank account against damages acquired while the rental car is in your possession.
Yet, depending on how long you have the rental car, these insurance coverages can add up on your final bill, turning cheap car insurance to expensive car insurance. Therefore, you should check into other ways of obtaining cheap car insurance in New Jersey for your rental car.
If you already have car insurance for the vehicle you own, it may or may not cover rental cars ? ask. If you do not own a vehicle, and therefore do not have a car insurance policy, you should look into temporary car insurance policies for rental cars in New Jersey. Yet, some car insurance policies do cover rental cars, or allow you to choose the option of insuring rental cars. You may even be able to choose that option for the specified amount of time you will have the New Jersey rental car.
Another option for obtaining cheap car insurance in New Jersey for your rental car is to use your credit card to pay for the rental. Many credit card companies offer these kinds of insurance services for special purchases such as renting a car.
Source
One way to get cheap car insurance for rental cars in New Jersey is to pay the car rental agency?s collision damage waiver (CDW), loss damage waiver (LDW), liability insurance supplement (LIS), personal accident insurance (PAI), and personal effects coverage (PEC). These types of rental car insurance which will protect the rental car, your personal belongings, your person, and your bank account against damages acquired while the rental car is in your possession.
Yet, depending on how long you have the rental car, these insurance coverages can add up on your final bill, turning cheap car insurance to expensive car insurance. Therefore, you should check into other ways of obtaining cheap car insurance in New Jersey for your rental car.
If you already have car insurance for the vehicle you own, it may or may not cover rental cars ? ask. If you do not own a vehicle, and therefore do not have a car insurance policy, you should look into temporary car insurance policies for rental cars in New Jersey. Yet, some car insurance policies do cover rental cars, or allow you to choose the option of insuring rental cars. You may even be able to choose that option for the specified amount of time you will have the New Jersey rental car.
Another option for obtaining cheap car insurance in New Jersey for your rental car is to use your credit card to pay for the rental. Many credit card companies offer these kinds of insurance services for special purchases such as renting a car.
Source
Subscribe to:
Posts (Atom)