by dotnet
1. Shop around The difference in price between various companies can be significant. What one company may consider a high risk factor another company may not view as so important. Insurance companies get a price for your car insurance by adding or discounting money after each answer you give the questions to ask. Each company has its own rules about what they consider should increase or decrease your premium. Buying to get a list of the best prices to compare. 2. Buy a lower group car One of the important factors that insurance companies take into account is, of course, of your vehicle. There are thousands of different vehicles on the road so companies divide into groups. Most companies will adopt the ABI (Association of British Insurers) group rating. This vehicle is divided into 20 different groups. In general the higher the group rating for your vehicle, the higher your premium. Some companies may also combine your driving experience with the vehicle group to get a better idea of how high is the risk. This is one of the reasons why young drivers should consider buying a lower group car if they want to reduce their insurance costs. 3. Consider third only concern A Third Party insurance policy is only the minimum legal cover required - is also the cheapest. In general, you should consider opting for this type of policy if your vehicle is of low value. In the unfortunate case of an accident, damage to a third party vehicle will be covered, but damage to your vehicle is not. However, if your vehicle is of little value, then it can not be too concerned. It may be worth paying extra for a fully comprehensive policy in these circumstances. 4. Maintaining a good credit history Insurance companies increasingly are adopting credit scoring techniques as part of the overall calculation of the premium for your auto insurance. By maintaining a good credit history you may avoid any additional premium that companies add to your price for having a bad credit score. 5. Buy on the Web...
24.08.11
There are many factors to consider when looking for a new car, here are some useful hints to think about when buying a cheap car.
Insurance
Car insurance has shot up recently, especially for young drivers. Young, single males bare the brunt of it, as the average cost of insurance for those aged between 17 and 20 years old is up to £4,000 a year. Across the UK, the average cost of comprehensive cover is at £858 annually. However a good way to reduce costs is to drive a cheap car.
What to look for in a test drive
It’s one thing to be able to drive, but it is quite another to know exactly what you are looking for when test driving a vehicle. The test drive is a crucial deciding factor in buying a car. Test drive a range of cars back to back if you can to compare the differences between them. Weekends are busy on the roads and in the showroom, to get the most out of your drive try going during the middle of the week.
Source: Hinckley Times
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