Adult life is full of challenges – from understanding mortgages, to choosing the right savings account, to mastering the polite nod when someone says something ridiculous.
Car insurance premiums are on the list of grown-up things you can’t simply ignore. It’s essential to secure yourself against potential mishaps, but the trick is doing it wisely by securing the lowest possible premiums.
The good news is that there are some easy ways to get the best deal, namely:
- Buy the Right Car
We all want the latest Merc, but take a minute to think about it. While you may be able to afford the car (lucky you), the insurance, however, is a different story. This is because the more valuable or expensive the vehicle, the higher your premiums. Also, every model has its own safety classification. Sports cars are considered riskier in terms of theft and crash ratings – so naturally it costs more to cover a hot set of wheels. Be wise about the vehicle you buy and you can maintain reduced payments.
- Don’t Drive like a Maniac
This may seem obvious, but it’s one of the last points people consider. Having a sparklingly clean record will work in your favour. Each insurance company has their own protocol – some look into your history 3 years back, while others go as far as 5 years. If you’ve been in an accident or received tickets for speeding and other traffic violations, you could be considered risky.
- Insure Everything Under One Company
Instead of choosing different companies to cover several your car, house and possessions, we suggest you stick to one. Certain insurance loyalty policies, such as those in King Price, will allow you to lower your premiums by using just one company for all your needs. This also means less paperwork and hassle.
- Avoid Unnecessary Claims
Although it’s tempting, try not to claim every time you scratch your car. If the damages aren’t significant enough to cost you much, then rather pay for the repairs yourself. This way, you won’t end up looking like a high-risk client unnecessarily – which means lower payments.
- Pick the Perfect Plan
You should always choose programmes that suit your lifestyle. Of course, getting the bare minimum coverage may not always be a good idea, especially if an accident occurs. Just make sure that you’ve chosen an insurance plan that covers you for most potential risks. Getting a comparatively cheap option will cost you more long run if it doesn’t protect you when you need it to. Some cover is way better than none!
Remember that you do have control over the price of your insurance. For now, these easy steps will help you lower and maintain your premium.
You can also lower your premium by chatting to King Price for a super cheap car insurance quote that decreases monthly.