According to the stats, car insurance costs are skyrocketing. It’s increasingly becoming expensive to purchase car insurance covers. That’s why most car owners are struggling to fund their car insurance covers. However, you can get cheaper auto insurance covers. So, if you are shopping around for car insurance, let the following tips and tricks guide you get a cheaper cover.
State Your Mileage Accurately
Don’t assume that lower mileage translates to lower prices. This isn’t the case. In fact, things are different on the ground. Thus, don’t under or overestimate your mileage. Consider checking the clock. Then submit accurate figures.
Enhance Your Car’s Security
Make it hard for someone to steal your car. Doing so can lower the cost of car insurance. It’s also important to note that the majority of cars manufactured after 1997 come with engine immobilizer as well as alarm fitting. Plus, if you add a tracker, it will optimize your car’s security level. Consequently, it will lower the amount of money you pay for your car insurance coverage.
Black Box Tech
Invest in black based box tech. With a telematics (which is actually a black box) policy, you have a solution that will tailor insurance-based costs based on three things. They include:
- How much you drive
- How you drive your car
- When you drive your four-wheeler
This policy will help lower the cost of car insurance.
How Your Car is Used
The policy you choose should explicitly reflect how your car is used. For instance, if your car is used for shopping, there is no need to have a cover for commuting. Also, don’t think that a third party based fire cover is cheaper than its comprehensive counterpart. The opposite is true. In fact, they are more expensive. Thus, it’s important to take a cover that suites your explicit needs.
Change Your Insurer
When it comes to insurance, loyalty is not a popular option. In fact, experts advise policyholders to switch insurers if they feel that they are getting raw deals. Loyalty will make you pay more towards your car insurance policy. Compare car insurance quotes and policies. It will give you a better deal.
Compare Quotes
Another great way of slashing your car insurance cost is by comparing different car insurance quotes. Also, look at the finer details. Check to see if there are extras you actually don’t need. Shop around for the best policy in town.
Other Tips
- Consider tweaking your voluntary excess
- Revisit that job title of yours to see if it affect the way you drive your car
- Change your driver
- Downsize your four-wheeler
- Be sure to obey traffic laws
- Consider building that no-claims bonus of yours
The Bottom-Line
Car insurance premiums are dependent on a number of factors. From mileage to how you use your car, several factors can play a key role in influencing your premiums. So, if you don’t want to overpay when it comes to auto insurance covers, think about embracing the above tips and tricks.