Consumer Information Tips and Advice

How to Cut Your Car Insurance
Costs - Get Cheap Carinsurance

So you want to get cheap carinsurance quotes and cut on costs, here are some tips that will help you do just that.

1. You can save a considerable amount of money if you restrict the number of drivers on your policy especially if you restrict those under age of 25, why? because a considerable amount of money is devoted in your policy to cover young drivers and drivers with less driving experience.

2. Another saving idea is to limit your annual mileage. when you do so your insurance company will lower your premium accordingly. The lower you limit your mileage the lower you premium cost go.

3. If you tell your insurance agent that your car will be locked in a garage for the night this will save you another chunk of your insurance cost.

4. The newer more expensive cars up goes the premiums. In order to get low premium rate you may consider using a smaller, older and cheaper car.

5. Another idea for saving money on your insurance is Installing an alarm system in your car, this will save you 4 to 8 per cent. The amount of saving here depends on the type of alarm system you are going to install, the better the system the more money you can save. Consult your broker on that.

6. You can get cheap carinsurance quote and save a great deal of money if you agree to accept higher deductibles. the policy presented to you usually includes the standard amount of deductibles. Tell your broker you want to increase the excess in return to a discount on your premiums. You may be pleasantly surprised at the discount he will offer you.

7. Ask your broker for a discount for paying in full at the outset instead of paying by direct debit, most brokers will give you a nice discount for that.

8. There are always coverage that you do not need, for example, if you have an old car with low market value you should consider dropping the collision or comprehensive coverage. Why this is feasible? because any claim you make probably won’t exceed the cost of the cheap carinsurance and the deductible amount.

9. Many brokers will give an extra discount if you are opting for safety gear. For example you can get a discount if you have air bags, automatic seat belts, anti-lock brakes and daytime running lights.

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