How To Reduce Car Insurance PremiumsBy John Mussi
Here are some useful tips on how to reduce car insurance premiums. Firstly, you need to find a sense of balance between coverage and cost. Apart from negotiating a good deal, there are some other things that you can do to further bring down your car insurance premium for example;
Many insurers average yearly mileage at 12,000 miles. If you do not drive this amount, you can inform your insurer, thus resulting in a reduction in your premium.
Park the car - Parking your car in a secure location such as a locked garage or a secure designated off road parking spot can potentially reduce your premiums.
Bulk buying - Most of the big insurance companies offer all forms of insurance such as home, life etc. You may receive a discount for buying multiple forms of insurance with the same company.
Female drivers are statistically less prone to accidents. Women can avail their quotes from a firm that specialises in covering female drivers.
Anti-theft alarm - Equip your car with electronic central locking and alarm. Most insurance companies have a discount if you have these devices fitted in your car.
Avoid high interest rates - Interest charges are very high if you were to pay your premium in monthly instalments. It would work out cheaper to pay your premium in one lump sum.
Buy on the Internet - Financial products are far cheaper on the Internet than elsewhere. Car insurance is usually about 10% cheaper when you buy online.
Shop around - Be prepared to do the legwork, if you want a good deal.
Check the insurance rating - Some cars are considered to be of a higher risk than others. Before buying a car, check out its insurance group rating as car insurance premiums vary greatly between insurance groups.
Imported cars are expensive to insure - The price of a car bought abroad may be cheaper, but most likely, the insurance won't be. This is because, the parts can be more expensive and difficult to find, so take this into consideration unless you are buying a car fully catered for in UK.
Accident car cases 'too expensive'
Disputes over the cost of replacement cars for not-at-fault motorists in road accidents in Northern Ireland are too expensive, a High Court judge says.
Autoline relaunch the BRAKE initiative to reduce road deaths
As the number of road deaths in Northern Ireland continues to give cause for concern, a leading insurance company has once again joined forces with road safety charity BRAKE in a bid to educate young drivers of the dangers.
Responsible Younger Twenty-Somethings Unfairly Penalised by Car Hire Firms, says the IAM
Leading road safety organisation the Institute of Advanced Motorists (IAM) has expressed concern over car hire firms putting arbitrary and strict age cap limits on users wanting to hire a vehicle. (PRWeb September 11, 2014) Read the full story at http://www.prweb.com/releases/2014/09/prweb12163271.htm
Ticket to Ride
When Texas Christian University sophomore Kirina Awamoto moved to Fort Worth two years ago, she made the tough choice to leave her car in California. With insurance, parking, maintenance, and gas, the costs would have been too much, she said. She quickly figured out, though, that she still needed wheels for things like grocery shopping. [...]
Is it time for you to switch banks?
People are more likely to switch car insurance or electricity providers but could a bank account switch save you some money?
Family of car death girl devastated
A Renfrewshire school pays tribute to a former pupil who died after a collision between two cars at an Asda petrol station in Linwood.
AA: Family car running costs have fallen
The average cost of running a family car in Ireland has decreased in the last 12 months, according to research from the AA.
Stepping out of the fast lane - relocating from city to country
Jim Connolly never wanted to start Rural Resettlement Ireland. It came to him like an inspired dream, a chance to save the rural Ireland he loved, while also offering Dublin families a slice of life on the wild Atlantic coast. The problem was that, once he started dreaming, he couldn?t stop, reports Andrew Hamilton
Morning business news - August 26
Profit before tax for the first six months of the year at insurer FBD has fallen from over ?19m last year to ?3.2m.
Accident car cases are too expensive, says judge
Litigation around the supply of replacement cars to not-at-fault motorists following accidents in Northern Ireland is cumbersome and too expensive, a High Court judge has declared.