As car insurance premiums continue to rise, it is important for car owners to know what is important when shopping for car insurance to get the best deals and for cheap no deposit car insurance. There are many myths about car insurance, but here’s one. Complete rundown on what you should ask for the next time you renew your auto insurance.
Most people assume that third party insurance is cheaper than comprehensive, but it is not always the case because insurers know young drivers tend to opt for a third party and only responded to this perceived risk by putting up premiums. Always get quotes for both when you shop.
Go to comparison sites when buying because they do not charge commission and they compare several insurers. Then after getting a quote directly go to your chosen company and see if they can beat it. Do not forget that all insurance companies are on the price comparison sites to search.
It is also important to not just look at prices when buying auto insurance, but make sure you find the best package for you. Make sure it includes the free replacement windshield for example and look at the size of the surplus. Often adding any protection claims add more fees to the premium, but it will be useful in the long term, no claim for years your car insurance will be cheaper.
And there is no need to be loyal to a car insurance company as they do not tend to reward loyalty. Your bonus is transferable so make sure you shop around every year.
If you have an accident, it is likely that your premium will increase next year regardless of whether the accident was your fault or not. All incidents tell the insurer that you may be more likely to have an accident in the future. This applies even if you have protected your bonus. Your bonus will remain intact, but the cost of the policy may rise. But the premium is unlikely to increase if you get three points on your license for speeding as it has become quite commonplace. Any more points, however, and your premium is likely to increase.
And do not forget that the best way for cheap no deposit car insurance is to drive without incident.
Originally posted 2016-03-08 03:22:22.