Driving without a certain car insurance policy is very risky as even the most experienced and skillful drivers do sometimes get involved in traffic collisions. Not to break your bank on the medical and damage expenses of the third parties, you definitely need to consider purchasing a reliable affordable car insurance policy to get financially protected. Therefore, let us first puzzle over how you can find an affordable auto insurance and particularly which factors influence on the costs. Besides, we shall advise what you should do to get the offered policy even cheaper.
Factors Depending On You
When purchasing an affordable car insurance policy there are certain factors, which a driver can control. Due to them, the policy will be counted cheaper.
1. Higher Excess
To have an affordable car insurance it is advisable to pay a higher excess. This way the premiums will be significantly lower. This fact thoroughly depends on your solvency.
2. Security Systems
Installing security systems on your vehicle will make your affordable auto insurance policy even cheaper. Such devices as a high-tech immobilizer, for instance, will significantly cut the insurance premium costs.
3. The Level Of Coverage
Perhaps the major aspect influencing the car insurance cost is the level of coverage you choose. The liability insurance, for instance, is the most affordable auto insurance whilst the comprehensive coverage is the most expensive one.
4. The Vehicle
And perhaps the last factor, which you can use for having a more affordable car insurance cover is your car data. The model, the make, year and size of the car have an immediate impact on the cost. The more expensive the car is the higher the price to have it insured will be.
5. Other Factors
This part that determines whether you will have an affordable car insurance or not includes the average mileage you drive annually, your postcode (areas with higher crime rates imply higher cost for car insurance) and parking place. Parking the car in a garage or driveway costs much cheaper than simply parking it on the road where it can easily be stolen.
Taking into account all the above-described tips, you can make your auto insurance cheaper. However, let us also consider the aspects influencing the insurance cost yet out of our control.
Factors Independent From You
1. Your Driving Record
The driving record, beyond any words, is very important. Every insurance company pays a great attention to this point. Hence, if you have got certain negative points on the license (a driving conviction, speeding offense, etc.) you won’t likely be getting an affordable car insurance.
2. Your Age
Being younger means paying more and not getting an affordable auto insurance. Young drivers are considered inexperienced, hence are more likely to get into accidents.
3. Previous Claims
Insurance providers, as a rule, reward their most responsible driver customers with discounts. And if you have had no claims during the year, you are likely to get a more affordable auto insurance.
CAR INSURANCE INFOGRAPHIC