Tips On Cutting Costs Of Car Insurance

Posted by admin

August 18, 2008

Let’s face it, the credit crunch seems to be getting worse and there’s no real sign of improvement any time soon. It’s like we’re on a forced diet, only it’s to tighten our economic waistline for a fitter, healthier financial future.

Below you’ll find listed, in no particular order, ways that should help you reduce your monthly car insurance bill.

Park your car on your property as it’s cheaper than off-street parking
Consider purchasing a steering wheel lock or car alarm
If your car is quite old, consider only insuring for 3rd party fire and theft
Always compare car insurance deals online. The internet could save you money.
Look for deals that offer 10 to 20% discounts online
Found a better quote than your current insurer? Why not use it to bargain for a better deal? Nothing ventured, nothing gained
Avoid speeding and other traffic convictions. Think longterm and don’t risk your life or a higher premium
Try not to claim for several years, the more the better. Ask your insurer about their no-claims discounts
Consider paying a higher excess IF your insurer will drop the cost of your policy as a result

There are many ways you can lower your car insurance. In an uncertain economy, along with rising inflation, food costs, fuel bills, and petrol, now is the time to exercise restraint and prudence when spending.

Today’s motor insurance companies are fighting for your business and by comparing deals and taking a few precautions, you’re sure to find an affordable premium that is as good as, if not better than, your current deal.

Technorati Tags: tips, cutting, costs, insurance, premium, policy, car, motor