If you drive a car, you will need car insurance – it's the law. But how often do you seriously think about how much you're paying for this necessity? Is it a question of renewing the same policy year after year, motivated by nothing more than inertia, or would you prefer to find a way to help you get a cheaper car insurance quote?
The market in car insurance is intensely competitive. This means that there's a wide range of insurance deals available and also a wide variation in price. Getting a cheap car insurance quote does not necessarily mean you have to sacrifice the quality or extent of the insurance cover offered. What it does mean is simply a minute or two using a car insurance comparison website to help you find the best deals to suit your own particular needs.
Naturally, there are a number of factors influencing the price of your car insurance. One of the first decisions, therefore, is likely to be determined by the condition and value of the vehicle, and whether third party cover, third party, fire and theft or fully comprehensive cover is the most suitable. The lower the value of the car, for instance, the more likely you will be to get a cheaper car insurance quote by choosing the minimum third party cover.
Since car insurance is about the risk taken on by the insurer of your making a claim, your past driving and claims record will also be taken into account. In terms of the claims history, perhaps the clearest indication will be your no claims discount. In most cases, of course, this will be transferable from one policy to another, so even if you switch insurers, you should still be able to enjoy whatever no claims discounts you have been able to build up. By the same token, however, a long history of motoring convictions is unlikely to help your case, but rather result in additional loading of the premium you pay. Do not be tempted into lying about such convictions in order to get a cheap car insurance quote, however, since such a lack of honesty can lead to the whole policy being declared invalid.
The type of car you choose to drive could also determine the amount of insurance you need to pay. Insurers normally use a standard categorisation of vehicles into various insurance classes – forming the basis for the calculation of premiums for each class and generally reflecting the costs involved in making repairs following a claim for loss or damage. High performance, high-value, imported vehicles will often cost far more to repair and therefore fall into the higher, more expensive insurance categories.
Whatever your choice of vehicle, however, you can win credit – and hopefully get a cheaper car insurance quote. For example, if you can demonstrate that you are playing your part in keeping the vehicle safe, secure and generally out of harm's way this could help towards lowering costs. The provision of garaged or off-street parking, for example, or the fitting of security alarms and or immobilisation devices could earn valuable insurance premium discounts.