Car Insurance Explained

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Finding the right policy and the cheapest insurance can be a complicated process; drivers using the Internet, over the phone, read a magazine, watch television commercials to get information about the savings and offer car insurance.

Car Insurance Explained
Owning and driving a car means taking a lot of risks to themselves and others. When there is a traffic accident, damage, injury, loss of or all of these factors may be inflicted to you and others. Damage and loss of your property can also occur. Fire, theft, vandalism and other natural disasters risk.

Car insurance protects motorists and drivers against liability in the event they can cause accidents. It can also provide cover for the vehicle driver’s own.

Many types of cover are available, ranging from third party cover that protects the individual against the responsibility should they injure a third party or cause damage to property of third parties, but did not give anything to cover each individual vehicle or property, through to cover comprehensively, which can offer protection against unexpected damage, theft, fire and liability to third parties. The minimum legal driving for car insurance in the UK is third party only.

Here are 5 steps to follow to find the cheapest deal:

STEP ONE: EXCESS
Voluntary Excess - the easiest way to cut your insurance premium is to accept a higher voluntary excess. An insurance company's standard excess may be £ 100; but if you meet the first £ 250 of any claim, you will see a decrease in your premium. This is because you are more of a risk so you get discounts by your insurance company. However this is gambling, insurance companies should be aware that they may have to meet the cost of a broken window after an attempted theft, then a bill for repairing bodywork damage after a crisis car park.

STEP TWO: SECURITY
One way to get cheaper insurance premiums is to customize security devices. Many insurers advise the insurance companies to use Thatch am rated security equipment, usually a minimum of alarm. If you live in a high risk that can be known for car crime it would be useful to adjust additional security such as steering wheel locks. This will save you money when your insurance renewal is due and gives you extra peace of mind.

STEP THREE: NAMED DRIVER
Adding driver named policy you can increase or reduce your premiums depending on the driver named age, gender and driving record. When adding a young driver will increase your premium, especially with limited or poor driving records. However, adding a driver over 30 years with a long and clean driving record can cut premiums, particularly if the driver named women.

STEP FOUR: annual mileage
If your annual mileage, 5,000 miles or less, ask insurers if they offer discounts for agreed mileage restrictions, some insurance companies provide discounts for unlimited mileage. However, many insurers will not offer this option as standard but will agree a discount if you ask.

STEP 5 - SHOP AROUND Z√úRICH
The potential savings come from shopping around. This has been made easier with the Internet explosion. There is a big difference between the lowest and highest price of car insurance for the same car and driver.