How You Can Save On Your Car Expenses And More Tips

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In this article I will explain some things you could do to cut your car insurance expenses. With some of these simple tips you can get massive reductions on your car insurance expenses.

Generally If you feel you are a very safe driver then you can increase your excess and get a lower insurance quote. There is some risk with this but the excess offered as standard by insurers is an average, if you feel you are a better than average driver then you may feel it’s a very small risk worth taking.

But, declare any modifications to your car, different wheels, different exhaust, air filter – anything. It probably won’t make much of a difference to the price but if you don’t declare it and have to make a claim then your insurer will not pay if they find out about the modification.

But, declare any modifications to your car, different wheels, different exhaust, air filter – anything. It probably won’t make much of a difference to the price but if you don’t declare it and have to make a claim then your insurer will not pay if they find out about the modification.

But also never over estimate the value of your car in the hope that if you do have an accident the insurance company will pay out the value you have listed. Insurance companies only base the quote price on the value you give, in the event of a claim they ignore this value and work out the value for themselves so you will be paying too much in insurance for no benefit.

Important to know is that if your car is written off think very carefully about accepting the first offer, as most if not all insurance companies will try to get away with paying out as little as possible on a full claim. In general you should never accept the first offer, don’t be afraid to haggle, they expect it.

Some insurance companies give a discount for drivers who have taken a recognised advanced driving course, there aren’t many and it may not make a huge difference but if you have had a few claims and are paying very high premiums then it’s well worth considering.

But also never pay monthly as this is an area where insurers add a significant hidden charge, if you don’t have the money available to pay it all in one go then getting a loan for 12 months to pay for it will be much cheaper.

If you are young (even up to 25), you should consider insuring your car in a parents name (get their consent first of course). You won’t build up no claims discount but in the long run it will be much cheaper. No claims discount is a bit over rated anyway, at age 25 with no claims discount, many insurers will give you 30% anyway.

In general buying your insurance on the internet will often get you an additional discount, many insurers now offer 10 to 15 percent discount for online purchases.

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