Professional Insurance Blog

Tip 1: - Try and increase your ‘excess’ or ‘deductibles’. The excess is normally the amount you pay for a claim before your insurance makes the contribution. Since most of us do not claim all deductions due to insurance premium escalation, it is wiser to keep the deductible at the lowest, most comfortable level. For example, if you increase your collision deductible from say £200 to £500, you will end up saving 15% to 30% on your annual auto insurance premium.

Tip 1: Give the car insurance company all details that they require. Details regarding your annual mileage, your car’s safety features and installed equipment, zip code, marital status and your driving record would be needed to ascertain all the discounts you may qualify for. This will help the company give you the best quote possible. In the absence of these details, the insurance company will quote their highest price. This is just to cover themselves, so you can’t wave it in their face later, if it turns out you’re not an optimum risk.

It’s quite difficult to get a good deal on car insurance, brokers are experts on the industry who job is to know all about policies and coverage. However with a few tips its easy to save yourself some real money.