Second Hand Cars

Used Car – New and Old Car Info

Posts Tagged ‘cheap car insurance’

Cheap Car Insurance – Trick Or Treat?

July 30th, 2011

We all love a bargain whether we are in a recession or not. When it comes to cheap car insurance we particularly like to shop around. Up to a quarter of people change their insurer when the renewal date arrives. Changing utility companies is less common although getting more popular as prices rise – but you don’t have a renewal date for your electric or gas so most of us avoid the paperwork and the hassle. Renewing your car insurance is easy, but there is a bit of work to do, which is probably what prompts us to shop around while we are at it. Added to this, saving some money on the car insurance may actually mean the difference between continuing to run a car or not as we all begin to feel the ‘pinch’ in our wallets.

Protect your assets

Finding cheap car insurance is pretty easy these days, the market is so competitive and insurers so keen to keep existing clients that they will offer discounts and bonuses galore. For new drivers finding young driver insurance is usually expensive and you may well be tempted by all kinds of offers, but for more established drivers, who posses valuable assets like their no claims bonuses, switching to an apparently cheaper policy may prove expensive in the future. Most companies will accept your no claims bonus when you purchase a new policy – but before clicking ‘Yes’ and switching, make sure that this is the case. The larger your no claims bonus is you have the more you will want to protect it! If your policy does not already protect your ‘no claims bonus’, consider when switching the inclusion of this option. Protecting your no claims bonus usually comes at a slight premium but one that may well be worth it.

Big points, small print

It’s easy to think that all insurance companies and policies are the same. Many are, but there are specialist insurers out there. There are numerous factors to consider when you are searching for cheap car insurance. Age, gender, driving experience, penalty points, type and age of car are just some of these factors. For each category it is usually possible to find a specialist firm but always compare these with the mainstream providers and see if the terms and conditions are comparable as well as the costs. Finding cheap car insurance can be a real treat – or allow you to afford one – but make sure that there are no hidden surprises in the small print. » Read more: Cheap Car Insurance – Trick Or Treat?

Comments Off »

Posted in Car Insurance

Tags: bonus Car cheap car insurance claims bonus

Get Insight on Finding Cheap Car Insurance

July 30th, 2011

If you are in South Africa and need car insurance you won’t have to search too long and hard to find an appropriate company. Though insurance is not necessary in this country, more and more people are seeing the benefits of having this type of insurance and so you will see that more people are looking into finding car insurance. Due to the economic problems that are affecting the entire globe people are looking for the cheapest car insurance they can find that will take care of their needs for coverage. This is by no means unachievable as much persons think and cheap car insurance may just be the first door you knock on. Here are some ways to ensure that you will pay cheaper rates.

1. Opt to get a higher deductible. This will give you the opportunity of lower monthly payments so your paycheck and cover more things had you not selected the high deductible in the event that you need coverage. This is an ideal way to go about it for persons who have a clean driving record and live, work and commute in safe areas. You can save the money that you do not have to spend monthly on your insurance to help in case you do have an accident or theft of your vehicle occurs.

2. If you have not purchased your vehicle yet then you may want to wait until you find out if you’re insurance would be higher or lower. There are quite a number of things that the companies look on when it comes to the type of car. If it has safety features such as alarms, keyless entry, voice activation or other safety measures chances are you will get a lower rate. If it is a relatively new sports car you will get a higher rate as your car will be considered at high risk for theft. They also sometimes look at the make and model of the car as well as the manufacturer. Since some manufacturers have more guarantees on their vehicles this is taken into consideration and can possibly give you a lower rate.

3. If you already have a car and a policy that needs to be renewed you can try to negotiate with the insurer. If you have been a long and loyal customer with a clean driving record they may be willing to lower your rates or give you some kind of loyalty discount. All you have to do is ask and you may be surprised at the answer you receive. » Read more: Get Insight on Finding Cheap Car Insurance