Cheapest Motor Insurance - Important Factors
There are strong incentives for insurers to discover better ways of analysing the risk of a particular proposal. If they discover a pocket in the market which is being over-priced by the competition, they can profit by attracting motor insurance business at a lower premium.
It's in your interest to understand how these insurers evaluate risk and what information you can give which will help convince them that you are as low a risk as possible.
What are the major factors that affect Motor Insurance?
The car you buy - Use the Cheapest Motor Insurance to look at how modifying some of your requirements for your car purchase changes your insurance grouping.
- Your No Claims Bonus - Interesting facts that can save you money on your motor insurance.
- Where you live - Post-Code data mining is now becoming a science. If you are moving house, this is the fastest way of comparing two areas for their crime rates.
- Your Occupation - Many occupations carry discounts or premiums, but if your occupation carries a premium, what can you do about it?
- How secure is your car? - One claim for car theft need not mean the end of your no claims bonus, but we explain the main ways of avoiding being a victim.
- Your gender - Not much you can do about this except accept the statistics.
- Your age - Again just look at the figures.
What other factors are there that can affect Motor Insurance?
- Have you received a quote from another insurer? - All forms ask for this and hardly anyone completes it tho. Filling it in can really help. Why?
- Do you smoke? - Yet another reason to give up smoking.
- Are you paying for bits of your motor insurance policy you don't need - The classic example is a Green Card.
One factor missing from this list is the mobile phone premium. No insurers charge premiums yet for one of these, but in light of recent events - watch this space!
Finally, consider what most motor insurance policies don't cover - Personal Injury. Your passengers may be covered, but are you? Beyond the minimum cover, probably not!!
Cheapest Motor Insurance offers you many ways of saving money on motor insurance
Cheapest Motor Insurance Providers Quotes
The following statements should enable you to determine whether you are eligible for an online quotation from a Motor Insurance Provider/Broker.
- Your postcode is in England, Scotland or Wales (Northern or Southern Irish cover is not available)
- Your vehicle has not been updated/modified in any way
- You are the owner and the registered keeper of the vehicle
- You and all the proposed drivers have never been refused insurance or had terms imposed on previous insurance policies
- You have been continually resident in the UK for the last three years
Warranty
When you have just bought a new car for yourself the last thing you want is to find yourself stranded with nowhere to turn. Protect your motor vehicle with an RAC Car Warranty in association with Quoteline Direct. This cover is available for vehicles up to 10 years old. Cheapest Motor Insurance UK believe this is quality cover from a name that you can trust.
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