If you’re looking to get a good deal on your car insurance, then you’ll need to have a number of supporting factors on your side. Policies are calculated on the information that you provide about yourself, your home and vehicle itself. All of these are then added to the mix, with a quote coming out at the other end.
Here though is a quick rundown of people that are likely to enjoy cheaper premiums than most. If you’re lucky, you might well find that you make the grade.
Safe Drivers
Let’s start with a relatively obvious one. If you are a safe driver, or at least you haven’t made a claim on your insurance in the last decade or so, you will be able to enjoy cheaper car insurance. With safety comes reassurance for the insurers, therefore they are able to reduce the cost of policies. This is probably the best way for you to get the cheapest cover and it is something that has helped to benefit millions of drivers year after year
Middle Aged is Best
Unfortunately, age can be quite a strong determining factor in the amount you pay. Car insurance companies generally tend to favour experience when it comes to costing Cheapest Car Insurance a policy. This is based on the most up-to-date figures relating to claims made throughout the industry, not ageism.
Generally speaking, people in their 30′s or above tend to enjoy the best deals, whilst those who are over 70 or under 25 are likely to pay more. Therefore the older you get, the cheaper it becomes, until of course it increases sharply again.
‘Safe’ Occupations
How you use your car, where it is parked and the distance it covers will all impact the amount you spend.
Your occupation therefore is likely to be a good indication of usage and risk. For instance, if you are an estate agent or a travelling salesman there’s a good chance that you’ll be on the road for a good portion of your day and park up in a variety of destinations. This creates a certain amount of uncertainty. Invariably, this could mean you spend more.
Low Mileage Drivers
If you’re gallivanting across the country every day, you run a far higher risk of coming into contact with another motorist. Of course you can have a shunt as you leave your road, but insurance is a business based on averages, therefore if you are going further afield, your risk rating will Cheapest Car Insurance increase at the same rate. So those drivers who only do a few thousand miles each year can enjoy a lower premium.
Living in a Safe Area
Where you live and, more importantly, where the car is going to be parked can have a huge influence on your insurance quote. If you are likely to leave it parked on a street that is well known for break-ins, vandalism and car theft, then you will immediately be placed in a high risk category.
Alternatively, you could park your car in a secure garage in a low crime area. This will see your outlay plunge hugely. It’s quite an obvious issue, but many consumers are still surprised by the level of increases they experience as they move from one home to another.
So to briefly summarise, if you are an experienced driver with 15 years no claims bonus to your name, do very little mileage each year and park your car in a safe area each day, you can enjoy budget insurance. Of course any one of these factors can help to drive down your costs and there are plenty of other things that you can do to ensure that you don’t end up paying too much for insurance.