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Car Insurance

Should you insure your car before you buy it?

Car insurance is, of course, essential before you can drive your vehicle. But if you’re thinking about buying a new car, when is the best time actually sort out your car insurance? In certain circumstances, it actually makes the most sense to get a car insurance policy in place before you have even bought the car. This can help save you time, and get you on the road faster.

When should you insure before you buy?

Obviously, if you’re not sure what car you’re going to buy or you’re just going to look at a car, it’s worth making sure it’s what you want and expect before arranging motor vehicle insurance. But, there are instances where you know a vehicle is the one you want before you have even left to see it. In these instances, you can actually arrange insurance on that vehicle before you have bought it.

Why would you do that? The main reason is to make the process of getting the vehicle home faster. Once you have bought the car, it means you can just get in it and drive straight home, rather than having to spend time arranging insurance. Some dealers might offer you driveaway insurance, but these can be expensive options for the comparatively minimal coverage they offer. And of course, you will still have to insure yourself when you get home anyway because most driveaway insurance policies only last for 24 hours.

How can you find the best quote?

To get the best quote, you should consider using an online comparison tool. You can put the details of your proposed vehicle and the nature of the policy you require into a specialist tool, such as Compare Insurance, and in a matter of moments be presented with a variety of different quotes. These quotes all come from major and specialist insurance companies, suiting a range of budgets.

If you’re thinking about buying a new car, and you know the exact car you want to buy, make sure you’re able to drive it straight home after purchasing it. Visit Compare Insurance today to see what kind of car insurance deals you can find.

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Car Insurance

4 things you can do to lower your car insurance payments in 2020

Car insurance online is one of these necessary evils that all of us have to adhere to if we want to keep our cars on the road.

None of us wants to pay over the odds for our premiums, which is usually a key factor when comparing car insurance quotes. The surprising thing though is that not many people realise they can actually lower their monthly costs. Here we’ll look at 4 ways you can get better rates from your car insurance company and save on your annual outgoings.

Become a better driver

This does seem a bit of an obvious one, but there are a number of things you can do that will signal to your car insurance company that you’re a careful driver and in turn, will lower your motor vehicle insurance.

Look into completing an advanced driving course as many auto insurance companies will offer a reduction on your fees if they perceive you to be lower risk.

Check to see if your car insurance company takes into consideration the analysis of telematics. This is a type of ‘black box’ technology that can assess and feedback to your car insurance company how careful your driving is. See our car insurance tips on ways how to drive safer.

Easier said than done, but try not to incur any extra points on your licence if you can as this will stand you in good stead for preferential rates over time.

No Claim Bonus

The no claims bonus is the merit that insurance companies gives you in return of one full claim free year. Adding a no claim bonus reduces the premium at the time of insurance renewal. Some insurance companies accept a self-declaration from the customer that they have had no claims in the past years whereas other insurance companies accept the formal no claim letter from previous insurer. Getting a No Claim Bonus can significantly reduce the premiums and in some cases with a 3 to 4 year NCB, the premiums can be reduced by over 50%.

 

Increase the excess / deductible

This is the amount the insured person pays while making a claim on the car. The higher the amount the lesser the insurance premium. This means in the event of an accident or repair or theft, this is the amount that is committed by the insured person to pay from the pocket and the insurance company shall cover the rest of the claim amount.

All of these tips will help to keep your costs down and if you’re in the process of looking for discount car insurance, they should help with that as well.

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