Five Steps To Cheap Short Term Car Insurance Premiums
While purchasing car insurance is mandatory by law, you do not have to pay a single extra pound more than what is required. Taking some time to shop around for good deals and following a few simple steps can substantially reduce the cost of your short term car insurance premiums. The following tops will help.

a) Get Quotes From Different Companies
Like is the case with any purchase, it is important to shop around if you want to get a good deal. Today, shopping is much easier thanks to the Internet. Go online and compare rates from insurance price comparison websites. Use at least two website and then head over to the companies’ website to find out whether the rates are still valid. You could start with a quote from this site.

Then, request for a free online quote from at least three different companies. Make sure you provide the same information to the companies in order to get a more accurate quote. With your quote, do not be afraid to bargain. If you will be applying for insurance online, you may not have a chance to present your case as to why you deserve lower rates. However, if you visit the insurer’s bureau or call them, you can easily bargain on the rates.

b) Additional Drivers
If you add an extra driver on your policy, you could pay higher or less premiums depending on the named driver’s driving record, sex and age. If the driver is a young person, be prepared for an increase on you premium cost. However, if you add a driver who is over 30 and particularly a female, the cost of your premiums is likely to decrease substantially.

c) Reduce Your Annual Mileage
Some insurers offer discounts for those who cover less mileage per year. Although most companies do not offer this as a standard discount option, it is good to ask. Reducing your mileage reduces the risk of the car being involved in an accident and most companies will gladly reduce your premiums for this action.

Looking for a policy for a day only? Here you can find as little as 1 day car insurance!

d) Secure Your Car
Fitting your car with security devices can result to lower premiums. Most UK insurance companies require that car owners have Thatcham rated security devices. If your neighbourhood is rated as a high risk one when it comes to car crimes, it would be wise to have extra security devices fitted. This will not only give you a peace of mind, but will also save you money when you are going to purchase insurance.

Also, parking your car in a garage instead of the neighbourhood open space reduces the risk of damage on it. This will in turn be reflected by lower premiums by your insurance company.

e) Pay a Higher Excess
One of the ways of reducing your insurance premiums is to opt for a higher voluntary excess. For example, an insurer’s standard may be £200. However, if you meet the first £300, you will be rewarded with lower premiums. This is because you have taken a bigger risk to get a discount.

However, this is a gamble too. Keep in mind that you may have to meet the bill of repairing the bumper after a crash, as well as the cost of a broken window after an attempted theft. These may not be past the voluntary excess you provided and hence you will pay for their cost without any help from the insurer.

The above five steps will help you get cheap short term car insurance. The ideal insurance company is one that will provide you with good rates as well as favourable terms of payment.
 

.

Home