|
With hundreds of companies now offering
car insurance policies, it’s easier than ever to find a cheap deal -
yet many people are too loyal, too apathetic or too confused to
leave their current insurer. Here are a few quick and easy ways to
make sure you save on your car insurance.
Shop
online
Comparing prices online is the best way
to find cheap car insurance. Comparison sites will find the cheapest
deals for car insurance UK, by comparing insurers such as ASDA
Finance and Cooperative Insurance, but bear in mind that each site
will cover different insurers and brokers. The trick is to use a
combination of sites – this way; you can cover up to 60 insurers and
60 brokers at speed. After finding the best and cheapest quote,
check the website of the insurer to check that the policy is
suitable for you. While doing this, it’s also worth playing with the
policy details to see if you can get the price down.
Avoid
Monthly Plans
Most insurers will offer you then
option of paying monthly, and it can be tempting to avoid shelling
out a large lump-sum. But a ‘pay monthly’ option generally means
that the insurance company is loaning you the full premium and
charging you incredibly high interest. The best bet, if you really
can’t manage to pay off the annual sum in full, is to take out a
credit card with 0% interest and then make the repayments to that.
Consider
‘Pay as you Go’
Insurers like Norwich Union and More
Than offer pay-as-you-go comprehensive cover. This type of car
insurance is aimed at young drivers or those who use their car
relatively infrequently, and charges a fixed amount which depends on
where and how much you drive, calculated by a free GPS device fitted
to your car. If you drive less than 6,000 miles per year and rarely
drive between 11pm and 6am then you may find you can save on
pay-as-you-go.
Check for
Special Offers
If you use a comparison service to find
the cheapest car insurance, you may miss out on some of the special
offers available. For example, First Direct is currently promising
to beat your renewal quote by £30 or £50 if you’re insuring two
cars, provided that your annual premium is over £200 for
comprehensive or £120 for non-comprehensive.
The Post Office is also
offering new customers £50 cashback for taking out its car insurance
before 30th June 2008, while ASDA Finance and Cooperative both offer
a 10 per cent discount if you apply for
car insurance online. Bear in mind also that newer insurers
offering cheap car insurance – such as Yes Insurance – may not
feature on some comparison sites. |
