Beginner's Guide To: Buying Car Insurance

Choosing car insurance for the first time can undoubtedly be a long and confusing process, but with the right information, and knowledge as to what to look out for, it can not only be easy, but can also ensure that you save on what can be one of your biggest monthly outgoings.

Key features of car insurance

Car insurance provides differing levels of cover should certain events happen:

Fully comprehensive: fully comprehensive insurance covers you in any event, be it a car accident that's your fault.

Fire, theft and third party: third party, fire and theft covers you should your car be stolen, set on fire, or in an accident that is your fault.

Third party: third party insurance is the lowest level of cover, and only covers the other person's damage in the event of an accident.

Whilst fully comprehensive cover is the generally most expensive of the three insurances, you may find that if you're insuring a new car, it is actually cheaper than the remaining two. This is due to the fact that insurance companies regard new cars with lower types of cover as somewhat of a liability, and in any event, if your vehicle is new, it makes you provide it with the highest level of cover

Tips how to get cheaper car insurance quot

There are few things you can do so you pay less for your car policy:

Pay annualy - as monthly payments usually include a fee for spreading the cost for a longer period.

Inscrease the excess - this is the sum you pay in case of accident.

Keep your car in a garage - that means a better protection and security.

Drive less - less miles mean lower price.

Factors to consider when buying car insurance

There are in excess of 120 car insurance providers, so knowing how and where to search for the best deal is vital.

Comparison websites

Using comparison websites is an essential process if you're to find the cheapest deal. There are tens of comparison websites available, and checking out at least one or two is advisable.

Ready to hunt for quotes? Then you should start by providing your personal details along with the details of your car. You will need them when you complete your profile in any of the car insurance websites. These details need to be absolutely, 100% correct, as in the event of any of your information being incorrect, you could see your insurance policy being null and void following a crash.

Comparing like for like

Comparison engines are pretty good at displaying similar insurance policies, however they aren't 100% like for like comparison. There may be various factors that differentiate one policy from another, so checking out the terms and conditions is important in establishing which deal is truly the most cost effective.

Discounts for those over 50

If you're over 50 then you should contact specialist providers directly. Because of your age you will be viewed as a lower risk category, and many of these specialist providers aren't found on the comparison websites.

Should you protect your no claims bonus?

If you've built up any amount of no claims bonuses then you should consider protecting them so that your premiums are lowered in future years, this is particularly important for younger drivers who may be facing higher initial prices.

Latest Feedback
Does it matter if my car is parked on my private driveway or in the garage to the insurers? Esther S., Worcester

Should I claim on my insurance if I have a scratch on the side to get it fixed? Cheryl S, Ipswich

Should I pay monthly or yearly for my car insurance? Seb P, Watford

They're asking me for more money to protect my no claim bonus? Is it worth paying it? Susanna R,Swindon