Tips And Tricks To Get Cheap Car Insurance

If you have ever discussed auto insurance with a friend or neighbor and found that they had paid considerably less for their insurance than you did for the same policy, you know what disappointment truly feels like. In a case such as this, you know it is time to change or renew your car insurance with a better negotiated deal. If you are unhappy with your current insurer or if you simply want to change, it is a good idea to know some tips and tricks to get cheap car insurance.

All Under One Roof

If you collect all your insurance types under one roof, you can considerably lower your car insurance. Keeping all of your insurance policies under one company means that you will be paying them a higher amount overall. This gives the company incentive to offer you great discounts for each policy that you hold with them. If you want auto, travel, home and pet insurance from the same company you are certain to get a better deal than if you only want car insurance. A little negotiating can get you a great rate on all of your policies. Sometimes, all you have to do is ask.

Higher Deductible, Lower Premium

Another trick to reduce your premium is to increase your deductible amount. Deductible, or excess, is that part of a liability that is not covered by the insurer. It is a predetermined amount and is a part of most policies covering losses to the policy holder. The excess has to be paid by you, before your insurer begins to pay. Suppose you claim £1,000 for your incurred damages and your auto insurancepolicy has a £300 deductible. You will have to pay £300 and your insurance company will pay the difference (i.e. £700). This way you save a lot of cash and will decrease your premium price.

Use The Internet

Several car insurance providers are offering online discounts for car insurance. One of the biggest advantages to using the internet for car insurance is that you save time and get a discount over the standard rate. The majority of insurers provide a 10% - 15% discount online. A 5% online discount is given for online customers of Sainsbury’s Bank. Norwich Union, Tesco Personal Finance, Esure, Direct Line, Zurich Insurance, Churchill, and AA Car Insurance offer 10% online discounts. Attractive 15% online discounts are given by More Than, Lloyds TSB Insurance and Saga.

Three Practical Tips And Tricks

1. Purchase all your insurances with one reliable insurance provider.
2. Increase your deductible amount to decrease your premium.
3. Use the internet to get online discounts.

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