Archive for the 'Car insurance' Category
1. Initial homework – Find out about the car you are considering. Check out any known mechanical problems with that model. The consumer magazine Which! offers good long term reviews on cars. Which! offers a 1-month trial for just £1.
2. Current prices – Check out the current second hand value for the car. A good place to start is www.whatcar.com. Also get your local paper and some of the specialist second hand car magazines and look up the prices of similar cars.
3. Running costs – Plenty of costs in relation to running a car, including -
- Insurance – do a quick check on the internet. Also do a search for the car’s ‘insurance band’ which will be quoted between 1-20, 20 being the most expensive
- Road tax – is the car currently taxed, if so when does it run out. Cars are now taxed depending on CO2 emissions – check here
- General running costs – fuel economy, servicing, tyres etc.
Many people do not think about car insurance until they need it. That’s perfectly natural. However, to save your family some stress and anxiety, be sure that you always have current car insurance. Your car insurance protects you and your car in case of an accident. Policies vary, so it is critical to check your car insurance policy. Most car insurance policies will cover you if you have a car accident with another car at either you are at fault or it is a no-fault accident. Your car insurance will pay to have your car repaired. The good news is there are some simple steps you can take to get cheaper car insurance and keep down the cost of covering your set of wheels:
1. The car insurance industry relies on customers being enticed with generous initial offers which don’t last forever, so the key message when looking for cheaper car insurance is shop around. Figures from the Association of British Insurers (ABI) show you can save 35% on your premium by comparing as few as five car insurance providers – so don’t automatically settle for your renewal premium until you have made sure it is competitive.
2. Auto Car insurers use a combination of factors to work out how much to charge. Those living in areas with high crime rates can expect to pay more, as can those in certain professions. This is why it is crucial to keep your policy details accurate and up-to-date, including as much information as you can about factors such as where you park the car, your mileage, and whether you use the car for commuting.
3. Make savings by buying online, and by paying for your car insurance annually upfront, rather than in monthly instalments.