Save Money on Car Insurance - A Few Helpful Tips

Shopping for car insurance should not be a quick decision. It is always advisable to do some research before selecting the right coverage. It has been revealed that people who do a thorough research often tend to save money than the ones who simply go for the first offer. Many people have wrong assumptions that obtaining free quotes online can expose them to the risk of potential or third party websites. However, it is not always true, to be on a safer side; shop from the reliable sites.

Buy Online

The majority of the countrywide insurance companies have given customers the convenience of researching insurance items, investigating the policies of the company and acquiring an insurance quote through internet. Get quotes online as well as by phone if you can as internet quotes can be more than 10% cheaper than phone quotes. Don’t be afraid to haggle or play one insurer against another too – some insurers will match or even beat your best quote so it never hurts to ask.

Bigger Excess

It is possible to reduce your annual car insurance premiums if you take out a policy with a bigger excess.

Choose the suitable coverage not the cheapest coverage

There are range of coverage that some providers offer including theft, natural events, flooding, vandalism and other occurrences. The affordable option can only cover the most basic collision and damage repair.

Premium Payment Frequency

If you can, pay your annual premium all in one go. It may feel less painful on the pocket to spread payments over the year but many insurers charge you interest – some up to 30% – if you take up this option.

Car Model

You need to look at your vehicle to determine what type of car insurance policy you will get. There are certain cars which are more likely to be stolen and are hence very expensive to insure. Make sure to include the insurance as one of the considerations while buying your car.