subject: Car Insurance Savings [print this page] Car Insurance Savings
Modern living is demanding, and without a car many folks would lead significantly less efficient lives at the very least. Driving offences, prangs and accidents can send insurance premiums skyrocketing, but is there anything that can be done to reduce costs in general terms?
Policy Matters
It often pays to have a policy reviewed by the insurer. Customer retention is vital in this competitive business, and a little discount here and there is, in their eyes, certainly worth the loyalty.
Be sure to double check the excess. In order to protect their no-claims, many shrewd customers would rather pay out of their own pocket up to a point. Raising the excess of a policy can significantly reduce the overall cost. A bit of a risk? Perhaps, but overstretching financially isn't really the point here, simply the reasonable protection of policy benefits.
The Car
As much as it sucks the fun out of the whole thing, resisting the urge to modify their car is in the financial interests of an owner. Any modifications (even those carried out by a previous owner) should be reported to the insurer lest the policy become invalid.
Conversely, security modifications are nothing but beneficial in terms of reducing insurance premiums car alarms and immobilisers particularly.
Risk Reduction
Certainly the notion of being a careful and conscientious driver is clear in terms of safety, but those little misfortunes can also drive up insurance costs speeding, traffic offences, fender benders insurance can swell up to twice the price.
Use a garage tucking the motor out of harm's way for the night is important to insurance companies, who can offer substantial discounts in such cases.
In the event that a person does incur some kind of driving offence mishap, specialised motoring lawyers are certainly the way to go in making sure a case is dealt with using the utmost attention and knowledge.
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