Posts Tagged ‘insurance company’

Tips to Get Best & Cheapest Car Insurance

Posted in Travel  by admin on February 13th, 2009

Firstly, always avoid paying your car insurance monthly. Mostly you’ll be charged around 24% interest, thereby adding around £50 to your insurance cost. If you’ll use your credit card to pay off three or fourth months insurance cost it will prove to be more economical than paying it monthly at 24% interest rate.

Car Insurance

Secondly, don’t get lured by the bonus given by your insurance company and sign up for a renewal quote. These days there is no thing like customer loyalty in the industry. Every one wants their company to dominate the market and attract as many customers as possible.

Thirdly, avoid making small claims because you have paid a higher premium the year after your policy is up for renewal. If you’ll make too many claims your insurer may not cover you at all.

Lastly, sometimes in order to reduce premium young driver’s supply their parents address living in rural area, if insurer’s finds out this, that you have provided an additional address rather than your actual address ,they may even blacklist you and your claim may be invalidated. So always provide correct information while applying for an insurance coverage.

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