Although car insurance is necessary, no driver wants to pay over the odds for it. Whether you have full auto coverage or basic liability insurance, you want to ensure you get the best value for your money.
Fortunately, there are many ways that you can cut your motor insurance bill in half, from shopping around for car insurance in NI to choosing your car carefully. Have we got your attention yet? If so, here are several tips and tricks for cutting your motor insurance costs – and keeping them down.
Shop Around For Quotes
Like all insurance policies, the price of each can vary from provider to provider. To ensure that you get the best deal possible, it is essential that you contact multiple companies for quotes and compare them.
You can do so by contacting companies directly, through an insurance broker, or using a price comparison website like CompareNI.com, which enables individuals to find and compare policies from various providers to find the best deal possible.
You can find quotes for landlord, life, dental, business, and car insurance NI from Compare NI. Plus much more. If you’d like more information, consider visiting their website or contacting a team member directly to see how you could cut the cost of your motor insurance today.
Choose Your Vehicle Carefully
If you’ve just passed your driving test, it is unlikely that you’ll be driving around in a big, flash car that’ll cost more to insure than a Ford Fiesta, Fiat Panda, or one of the cheapest cars to drive. Yet, if your passing date coincides with your birthday or a national holiday, you might wind up with a better car than you initially expected.
While we’d all like to drive a souped-up car, you could pay over the odds for the privilege. Since they’re so expensive, they are more costly to repair if you get into an accident. They are typically more powerful and speedier than regular cars, meaning the accidents are more likely to be more expensive.
Therefore, before you purchase your first car, whether you intend to buy it on finance or not, ensure that you double-check how much it will cost to insure and whether you can afford the monthly payments.
Store Your Car In A Safe Place
Another factor that insurers will consider when applying for car insurance is where your car is stored when not used. You can reduce your car insurance quote by keeping your vehicle in a garage and installing additional security measures such as a tracker or motion detection lights to deter thieves.
Add A Named Driver
When you apply for car insurance, you will be placed into a group that will determine how high of a risk you will be to insure. If you are under twenty-five, have previous claims or convictions, or have recently passed your test – you will be placed into the high-risk group. If you end up in one of these groups, you will be expected to pay more for your car insurance, yet you can reduce the quote by adding a named driver to your policy. For other ways on how to save on your car, check out the following article for more great tips.
