The good news is, when it comes to getting value car insurance that’s very possible. All you need is a little know-how.
For example, you can take advantage of all the internet has to offer by using a comparison website to shop around for the right deal, quickly and easily.
Unlike the limited range available on the high street, a service like this gives you access to many policies all at different prices and with different features.
You can compare car insurance terms and prices and whittle down the policies until you find the cover that best suits your needs.
Check what the cover entails
When looking for value car insurance it is also essential that you check the details of the policy and do not just focus on the price. It is no good buying cheap cover only to find that it does not meet all your requirements or that you are paying for something you do not need.
An example of this would be to buy car insurance that comes with European breakdown cover when you do not travel outside of the United Kingdom. You could be paying for this feature within the policy cost unnecessarily.
With this in mind, checking exactly what the cover includes is essential. For instance, the cover could pay out what is known as an “agreed value”. This is where your vehicle is given a value at the time you take out the insurance and you would receive this amount if your car was stolen or written off.
However, other policies may pay a claim with depreciation taken into account. Therefore, when evaluating cover check that you are comparing it on a “like for like” basis, otherwise you will not be getting a true picture.
Now that you know what to consider when choosing your car insurance, do note that there are other factors that you can often influence to your benefit to affect how much you pay.
Read: Cheap Car Insurance Quotes – Choosing The Best Auto Insurance Company For You
i. The security of your vehicle will often affect how much you pay for your premiums. With this in mind it could be worth paying out to fit additional security devices to those that already come as standard from the car manufacturer. Some insurers may offer a discount on your cover if you park your vehicle in a garage or on a private driveway rather than on the side of a street.
ii. Paying annually or by monthly direct debit. Often if you can not pay the motor insurance in one lump sum and decide to pay by direct debit, then the insurer may charge you more as they see this as giving you credit.
iii. The excess. You could elect to pay more than the standard excess on the policy to make savings. The excess is the amount you would have to pay in the event of the claim.
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iv. Finally, another way of getting good value car insurance is to never automatically renew your cover without first shopping around. You may no longer be getting the best and cheapest deal that you once were. Instead take the time to look around and make comparisons for lower cost insurance to suit your needs.
source: clarkinsurance