15 Ways to Find The Cheapest Online Car Insurance Quote

By James Tam on September 15th, 2006

1. Go Online: It has now become a common practice for those who want to get the cheapest car insurance quotes to go online. Since the process is automated, it costs a lot less for insurance companies to take care of your application. So be prepared to see discounts of at least 5%-10% when you obtain your car insurance quote online.
2. Shop Around: Most people overpay on their car insurance when they fail to shop around. The online car insurance quote that you receive is a result of computations and estimations based on the information and details given by you. By adding or subtracting figures after each question, your insurance premium is calculated. So, shopping around helps you obtain the cheapest online car insurance quotes and locate big savings on your premium.
3. Purchase Extra Insurance Products: Insurance companies also offer supplementary insurance products, and they usually give extra discounts if you purchase more than one product. So, buying extra insurance products from a particular insurance company can save you a decent amount on your overall premium.
4. Pay your Insurance Premium in Full: Many insurance companies will charge you as much as 15% APR on installments. So if you want to obtain the cheapest online car insurance quote, and evade these costly interest charges, pay your insurance premium in one go. It is also probable that you may also receive discounts for paying in full. However, for people who can’t afford to do that, it is recommended to look into a small loan with a reasonable rate.
5. Increase your Voluntary Excess: The “excess” refers to the amount you pay in the event of a claim. Your premium is inevitably reduced by your insurance company should you increase the excess. Â
6. Lower your Annual Mileage: Obtaining the cheapest online car insurance quote also requires you to lower your annual mileage, since most insurance companies quote you for approximately 12,000 miles a year. It might be possible to get a discount if you are sure that your annual mileage is likely to be less than that. However, you need to be honest about this because your old MOT’S and service history may be checked in order to verify your mileage in the event of an accident.
7. Install Anti-theft Devices: Another useful technique in receiving the cheapest online car insurance quote is to install anti-theft devices, such as alarm, immobilizer or tracker on your car. Since these devices reduce the chances of your car being stolen, you will get a discount from most insurance companies.
8. Take the Advanced Driving Test: Having extra skill when driving reassures the insurance company that you are less likely to be involved in an accident, so passing an advanced driving test can be of great help for a little discount on your online quote.
9. Be Honest about the Value of your Car: Obtaining the cheapest online car insurance quote doesn’t mean that you inflate the value of your car, which will only increase your premium. This is because only the current market value is taken into consideration in the event of your car being stolen or written off.
10. Check your Credit Rating: You also need to maintain a healthy credit rating in order to avoid additions to your premium, since most insurance companies check your current credit score as part of the calculation for your insurance premium.
11. Insure your car Third Party Only: “Third party only” is the cheapest, and the minimum cover you are required to have by law. Owners of ‘low value’ vehicles should consider this type of cover to get the cheapest online quote, but should also remember that in the event of an accident, any damage to the car will not be covered for repair.
12. Keep a clean license: Being a safe and careful driver always have some bearing on the way insurance companies compute your premium. That’s why you need to maintain a taintless license to receive the cheapest online car insurance quote.
13. Remove Unnecessary Drivers: If there are any drivers on your insurance policy who no longer use the vehicle, removing them will reduce your premium.
14. Add older named Drivers: Some insurance companies will reduce young driver’s premiums if they have an older named driver on the insurance.
15. Build up your no-claims discount: The number of years to your “no-claims” is one of the main aspects affecting your car insurance premium. For instance, you could receive up to 75% discount for around 5 years of no claims, because the insurance company will regard you as a safe driver if you have more years of claim-free.

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Instant Car Insurance Online Quote

By James Tam on September 5th, 2006

For those who are looking to save a few hundred dollars on auto insurance, online car insurance quotes have become a popular option. Money is one reason, but there are also several other benefits, and reasons why so many people have chosen to get their car insurance quotes online. For instance, online quotes you qualify for are not only instant, being generated within minutes; they are also uncomplicated and extremely convenient. In addition, multiple online quotes are often available, allowing you to compare various insurance companies, thereby helping you choose the best overall insurance offer.

One of the best aspects of obtaining a car insurance instant quote online is not having to go through the hassles of dealing with an insurance salesman, while shopping in the luxury and privacy of your own home. With online quotes, restrictions such as time limitations are also eliminated, in the sense that you can pull up your application, save it, and wrap it up anytime you want to. Online car insurance instant quotes also prevent the number one reason why people overpay on their insurance – failure to shop around.

Car insurance instant online quotes are provided free of charge by companies more often than not. Applicants are also never obligated to accept just any quote before them, permitting them to take their own time and decide which insurance offer would suit their specific requirements the most. So, there are very little, if any drawbacks to shopping online, and getting instant online quotes for all of your insurance needs.

The first thing you need to do before obtaining your free car insurance instant online quote is to fill out an electronic form. There’s no need to be concerned about security here because all the information you provide are kept confidential, and encrypted with special software, which will not affect your current credit score. Also keep in mind that if you already have some other form of insurance, such as home or life insurance, with a particular provider, there’s a good chance that you could receive a better discount for having multiple insurance policies with them.

When filling out the car insurance application form online, be alert and do not make mistakes. Make sure you enter accurate information, and revise everything you’ve typed in order to avoid errors that could adversely affect the online car insurance instant quote.

After you’ve submitted your application, a free online car insurance instant quote will be generated to you. Otherwise, the insurance company will get in touch with you via email, along with several offers. Your next and most crucial option is to purchase the online car insurance incorporating a policy that matches your needs and budget, by using the same medium – online or email. Just remember, you are not under any obligation to accept any online auto insurance policy that is offered to you.

Thus, it is possible save a lot of money by getting car insurance instant quote online, which is also safe, easy and exceptionally convenient.

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The Benefits Of Antique Car Insurance

By James Tam on September 4th, 2006

Getting insurance for an antique or a classic automobile is often a challenging task because there are several things specific to this range of vehicles that differentiate them from mainstream vehicle insurances. Therefore, an owner has to be cautious when approaching an insurer for a quote on an antique car, and should consider several factors before making a final decision on choosing an online antique car insurance company.Â

How will you be using your antique or classic vehicle?Â

It’s a good idea to get coverage for how regular you use your antique car because vehicles that you drive more frequently will involve more risks. Insurance companies are well aware of this, so they will charge you more for insurance on automobiles that you use daily. However, remember that there are also insurance companies that often have experience with antique or classic cars, which offer policies for vehicles that are occasionally used, such as only on weekends, or not at all. Therefore, make an accurate, precise statement on how you’ll be using your antique car in order to obtain full coverage and avoid being overcharged.Â

How much is your car worth?Â

Do not make the mistake of assuming that an online insurance company is aware of the car’s worth because when the actual value of your automobile is in question, nobody knows better than you do. It’s best to obtain an antique car insurance policy containing a statement on paper regarding the worth of your vehicle, in addition to getting a written appraisal on the antique car to avoid any complications that may arise later on.Â

Does the insurance company have classic vehicle experience?Â

Most online insurance companies seldom have experience with classic or antique cars, so they will have no clue whatsoever when it comes to dealing with policies on these automobiles. Choose one that does, or specializes in antique cars because this is vital if you want to obtain the right type of antique car insurance policy. Ask around for recommendations from experienced members if you belong to a car club. Otherwise, interview your agent to find out the exact kind of policies they have for antique or classic cars. Remember that a basic auto insurance policy will not match your requirements, so change tracks immediately if they try to fit you into one.Â

Are there any restrictions?Â

Read your antique car insurance policy carefully and don’t just accept the first quote that you receive from the insurer. Find out if the policy comes along with any restrictive terms and conditions regarding the use of your antique car under insurance, such as the vehicle being limited to a certain mileage, or if you have to garage it at a certain location.Â

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