Owning a car can be expensive especially with costs adding up for petrol, road tax and car insurance. With petrol prices and road tax continually on the rise it is worth comparing car insurance quotes and shopping around for the best deal where you can potentially make savings of hundreds of pounds on your current insurer. Nowadays it is very easy to compare car insurance online by using comparison sites such as Tesco Compare where you can compare deals from a wide range of insurance companies. It’s quick and easy to use as well as a free service. As an added bonus, if you have a Tesco clubcard you may be able to claim points for the money you spend on car insurance.
Buying car insurance online is generally cheaper as many insurers offer a discount to customers who buy their insurance online because the applications are cheaper to process. It is also a good idea to pay for your policy up front in full rather than in monthly instalments as this can add up to be more expensive because of interest charges and administration fees.
When comparing car insurance using a comparison site, you usually have to fill in a short form asking questions about your car and road history before receiving your quotes. It is worth bearing in mind that certain factors such as having a car alarm, tracking device and immobilizer fitted can get you cheaper car insurance quotes. Low mileage on your car also usually leads to a low premium because if you are just using your car for social use and not for commuting to work on busy motorways during rush hour or using it for business purposes, you are statistically less likely to be involved in an accident.
Being a careful driver with no motoring convictions also cuts down the cost of cover. The greater the number of years that you haven’t made an insurance claim, the higher the discount you get. After five consecutive claim-free years you can get a discount of around 50% off your premium. Therefore if you have a minor accident, it will usually work out cheaper to pay for the repairs yourself to protect your no claims discount.
Another way to help cut down the cost of cover is to keep your car parked safely in a locked garage or secure car park as this means that your car is more secure and less likely to be stolen.
Also if your car is modified in any way or you are thinking about customising your car, you might want to think twice about this as it can increase the price of your premium.
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