Car Loan 4U Offers Top Tips for Choosing the Best Car Insurance
(PRWEB UK) 20 February 2012
With recent figures suggesting that the average quote for an annual comprehensive car insurance policy rose by as much as 15% in 2011*, cutting the cost of your motor insurance is now a top priority for many motorists.
Comments Car Loan 4U Co-Director James Wilkinson;
“We have put together this list of top car insurance money saving tips as part of our ongoing commitment to promoting affordable motoring in the UK. Car insurance premiums have increased well ahead of inflation, at a time when most people’s finances are a little stretched.
“Motorists can save a considerable amount of money on the cost of their car insurance by becoming more savvy. Shopping online for the best deals is a great first step, but other considerations such as how well you look after your car, paying for insurance upfront rather than monthly, and where you park your car at night will all help to ensure that you get the very best car insurance policy.
“With some very good deals on new cars currently on offer from manufacturers, as well as great car finance options available for motorists looking to upgrade their vehicles, making savings on car insurance should be a top priority for anyone looking to buy a new car.”
Car Loan 4U Car Insurance Buying Tips
Young Drivers Should Install a Black Box
A black box can be great for young drivers, the age group that is seeing car insurance costs rise the most. A ‘black box’ measures how a motorist drives before rewarding cash-back for good driving. Young drivers can save a considerable amount of money on insurance costs by sticking to speed limits, braking and cornering carefully and limiting night time driving.
Mileage
Look at how many miles are covered annually. The higher the figure, the more costly the premium. Get a new quote to save cost if not much driving takes place.
Park in the garage
Millions of Brits have a garage, but instead of parking their expensive cars in it, they fill them with clutter and inexpensive junk, leaving the car out on the drive or street. Have a clear out and use the garage for what it is for: keeping the car secure. Parking in a garage significantly reduces the risk of theft or break-in, so park in the garage to save on insurance quotes.
Add an immobiliser alarm
Adding a car alarm to the vehicle will save money on the car insurance policy. Follow the general rule that the more secure the car is, the more savings are made.
Shop Online and Compare
Despite the success of price comparison websites, when it comes to car insurance and personal finances millions of Brits still do not shop around for the best deals on their car insurance and simply accept the first deal that comes their way. Shopping around for a better deal should be the top priority for motorists. Look at comparison websites online and never accept the first deal that comes your way. For additional savings look to pay annually rather than monthly if affordable.
For more car insurance advice, as well as all car finance needs visit:
http://www.carloan4u.co.uk/
Twitter: @carloan4u
Facebook: http://www.facebook.com/carloans4u
AA’s benchmark British Insurance Premium Index, 19 January, 2012
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