LewisLife - Car Insurance is a type of cover that can be quite costly depending on your need and circumstances, but this a type of cover that is a legal requitment for drivers in UK, so no metter what the expense you have to get this cover if you wish to make your Vehicle on the Road. It is Important to remember that there are ways and means of lowering your Insurance Premiums on car coder, however, so with a little thought and research you could save yourself a small fortune.
Below are some of the top ways in which you can save Money on the cost of Insurance Cover:
1. Don't go for the first quote.
Never assume that the first quote you get is going to be representative of all other quotes, as the cost of cover can vary widely from 1 provider to another. Make sure that you get at least three quotes from different providers before you make any desicion - don't feel tempted to rush into taking cover with the first Insurance company that send you Details.
2. Remember That Price Comparison Site may not cover all Providers.
Many people have started to use price comparison site to find their Insurance cover, but you should bear in mind that these only cover a portion of the market and not all providers are on their database. Yous should therefore be mindful that there may be a cheaper and more suitable Policy available that is not on thr price comparison site, so it may be worth checking individual providers to get your price down further.
3. Go for the most appropiate level of cover.
If you have a new or expensive vehicle then you should opt for the top level of cover, which is full comp. However, if you have an old car that has a low value then you can get away with taking out a lower lovel of cover, which fulfilling the legal requirement of having Insurance.
4. Increase your excess
The amount of excess that you choose on your Policy will make a different to your Premiums. If you choose to have a higher level of excess on your Policy, you can knock down your Premium significanly in some cases - just make sure that you do have enough money put aside to cover the excess in case you do need to make a claim.
5. Take the Pass Plus the test if you have recently passed.
New and younger drivers often find the cost of cover crippling. However, you can a save a considerable amount on the cost of cover if you take the advances pass plus test after passing your standard test, with some Insurance offering up to 40% off if you have passed this advanced course.