How to buy an affordable car insurance cover?
Owning a car is matter of pride and happiness in life. But times are uncertain and you may never know when you may fall prey to unexpected accidents, man-made or natural incidences that might cause damage to your car or third party as well. It will obviously lead you to high financial losses as you will have to pay money out of your pockets.
Therefore, owning suitable car cover is the real need of the hour. Car insurance covers you from financial losses if your car gets stolen or involved in a road accident. It also protects other road users if you cause damage to their vehicle or property. The cost of car insurance is everyday rising. But due to vast expansion of the sector nowadays often it becomes difficult to purchase the right car cover at optimum costs. Usually, when we try to search for cheap car insurance we end up buying the cheapest one for our car. But this is wrong. A cheap car cover is not the one which comes at least price but the one that gives maximum benefits at optimum costs as per your budget.
You can buy insurance policies buy visiting branch, calling up agents or customer service team. But the best way to purchase a cheap car insurance is to outline the strategies such as shop around for insurance using an online quote, bundle your car insurance with other policies, Raise your deductible, Drive a low-risk car, change your driving habits, ask about discounts and maintain good credit.
Begin your search for cheap insurance policy by comparing different car quotes online. If you're looking to find cheaper car cover try following some of these tips for your insurance:
Compare car policies online:
Online is the most happening and effective way to reduce the price you pay for cover. Insurance companies usually reserve cheapest possible prices for new customers. Therefore, compare quotes online on the types of cover, features, benefits, discounts, premium payment options, and charges applicable and then take a decision on buying an insurance policy.
Increase Deductible:
Higher deductible will obviously lead to lower premium policies. As a thumb rule, the higher you excess, the lower will be your premium. Remember, though, that you must be able to afford your voluntary excess. It is one of the effective ways to get a cheap car insurance policy.
Pay for Needs Only
Don’t go for every feature in your policy. Sometimes your insurer or broker may try to sell you add-ons, like legal expenses, windscreen cover etc. You may be able to get these products more cheaply elsewhere or you may not need them at all. Including too many add-ons could significantly bump up the price of your policy.
Don’t opt for Direct Debit
Spreading the cost of auto cover is obviously better compared to making payments in one go, it will probably cost you more in the long run. However, many insurance companies charge interest when customers opt to pay for their insurance monthly, so check before purchase the policy. If your insurer's policy is to charge interest but you would like to spread the cost of your cover for free, you could consider using credit card to pay for it. This is a monetary benefit which helps to buy a cheap car insurance policy.
Protect NCB (No Claim Bonus)
When changing insurers, make sure you can carry over your NCBs. Consider paying a little extra bucks to protect your NCBs, if you haven’t claimed for five years or more. Yet another good way to reduce your car cover premium.