Posts Tagged ‘Insurance’
Compare Women’s Car Insurance – Why is it cheaper than Men’s?
In a straight comparison of like for like drivers, the fairer sex can expect anything up to £300 less on their car insurance which is almost beyond compare. Women’s car insurance benefits from specialist insurers which only deal with women drivers. The niche market is growing however, as insurers base their rates on pure statistical risk, and with women the fact is the risk is much less than with their male counterparts.
When insurers are weighing up how to price their car insurance, the factors they take into account will adjust the variable price. These factors include, the make of car, the age of car, the specification of the vehicle, the age of the driver, the geographic location but perhaps most importantly the sex if the driver.
Of all the variables, gender is one of the most important which determines the overall price when you compare women’s car insurance with men’s. Of course it isn’t a coincidence that women also tend to choose more modest cars with a smaller engine size and lower spec.
The cars which do not emphasise high performance tend to be ones which have more plentiful and cheap replacement parts, have cheaper labour costs to repair, and are easier to fix bodywork on. Taking these factors into account would make any car insurance cheaper, not just for females.
However, statistics show that when comparing the sexes, men tend to break the law a lot more often in their cars than women do. Approximately 90 per cent of all driving bans and convictions in Britain are attributable to male drivers, which speaks volumes to car insurers who are looking for careful drivers.
Although women have fewer convictions than men, the number of insurance claims that they make is roughly the same as men. What is interesting is that on average, when you compare women’s car insurance claims with men’s insurance claims, there is a huge discrepancy in cost.
Even when women do have accidents and make a claim on their car insurance, their costs are statistically much lower than when men claim. This is not only to do with the difference in cars that are driven, but also linked to the severity of the damage when men and women drive.
As a generalisation, women drive slower, safer and with more concentration than men, which is why they have fewer convictions but also why when they do have accidents the cost of repair is much less on
/>Kim has 2 years experience in the car insurance industry.
Buying a New Car? Bear in Mind Car Insurance Quotes
It’s worth remembering that when you purchase your new car, it’s likely to be the second largest investment you will ever make after a house. Making a decision about the right car for you will obviously depend on a number of factors, but an important one to take into account is how the vehicle you drive will affect car insurance quotes.
Here are some tips on how to make the right choices in order to keep car insurance quotes reasonably priced.
Model
Car insurance quotes reflect the model of car you choose. If you insist of a sporty racing model with a large engine you are going to be hit with a higher insurance premium than a more standard model variant. Take the time to really assess your motor vehicle needs. If you are only going to use the car to go shopping twice a week, then you can probably afford to go for a much lower specification motor. Not only are basic models cheaper to buy, they also receive much lower car insurance quotes as the spare parts are easier to source than special models.
The trick is to avoid elevating yourself into an elite category of specialist motor vehicles which attract much higher premiums on car insurance quotes. Opting for things such as a smaller engine or a hard top instead of soft-top convertible can help reduce your insurance costs.
Anti-theft devices
When looking to purchase a vehicle, it’s a good idea to invest in one that has sound anti-theft devices fitted. Obviously car insurers are looking for a car which is not going to attract the attention of thieves, and an industry recognised anti-theft device will not only dissuade burglars but make insurers happier and is more likely to reduce car insurance quotes that they offer you.
Mileage
Cars that have done less mileage attract cheaper car insurance quotes. Quotes are cheaper because cars with fewer miles on the clock are less likely to fail and need expensive parts replacing. Where possible, it’s a good idea to buy a car which has done relatively few miles. As an added tip, you can reduce car insurance quotes significantly if you are only going to travel a short distance annually. The fewer miles you drive in a year, the cheaper your car insurance quote will be.
Kim has 2 years experience writing articles about car insurance. She also enjoys writing articles on various other topics.
Learn more about the Teenager Car Insurance
Teenagers are more excited when the day they start to drive alone having the license that will allow them. What could be the consequences that you might expect when this day comes? This question is what most parents ask about this thing. There are lots teenagers who are uncontrolled when they are driving. A lot of them are so intense and over confidence already driving in an expensive car with their companions. Parents are most likely involved on how to control this too much excitement of their kids, definitely they are thinking of teenager car insurance that will ensure their kids safety. But, because of these trends some of the teenager car insurance already set standard rates to be paid by the policy holder. These insurance companies give higher charges if the car is an expensive sporty class type.
Teenager are most likely disappointed about this fact, but they have to remember that there are certain reasons on why should they follow this guideline for their own safety. The number of recorded cases will really show on how many teenagers are already involved in different accidents that causes serious and sometimes death casualties. These teenager car insurance companies know this because young people are more fearless when driving compare to those older and experienced drivers. This is one of the reasons why car insurance companies are setting higher rates of premium that offers from these cars belonging to higher categories. Probably one of the things to do is providing these teenagers a much bigger car rather than a expensive sports car that may lead to more serious problem, this big hefty car will not easily crash and it is much safer until the time they can really drive a car which is a horsepower engine.
Parents also should consider buying a second hand car for their kids because this is also less expensive and as a starter for their kids in driving this is much safer, they can also get it in cash payment because the amount is much cheaper than brand-new cars and they can easily get the right insurance that will fit their budget. In acquiring a teenager car insurance for their kid will definitely lessen their cost. The liability insurance is more fit because it will totally lower the price rather getting the collision and comprehensive as well. Keep in mind that these second-hand cars are really cheap and the adjustment on the premium payment is very easy.
There are also some factors that can be helpful in minimizing the premium cost, parents must always remind their kids regarding some of the guideline to follow so they can always take advantage of the discounts especially from the teenager car insurance companies. By maintaining a good driving record it will help you to lower the expenses in paying the insurance. Remember that if there are cases of accidents that teenagers under this insurance policy will really create a headache because this companies will definitely charge higher rates. Most insurance companies offer great deals for student drivers who excel in their class especially having recognition receiving awards. These type of students really deserve to get some good credits from different teenager car insurance because they are also excellent in driving.
Sphere: Related ContentCar Insurance Top Tips
The car insurance industry has got really competitive in the last few years, so prices haven’t really changed much. There are now over 100 car insurers to choose from, so there are some very good deals out there for those who are prepared to shop around. 23% of motorists still choose to insure with the same company as the year before, but they could undoubtedly save money if they did check out some other companies.
Motorists could be forgiven for not getting other quotes, it used to be a very laborious exercise involving long waits while getting routed through the call centre, and boring repetition of facts to sales advisors. Now, thanks to the internet, it’s all a lot more simple. Car insurers also offer extra discounts to people who buy online.
However, you need to consider the quality of the policy, not just the price:
• Check that your low quotation is not due to an extremely high excess.
• Check that you will get a courtesy car if your car needs to be taken in for repairs.
• Check that legal insurance cover is included, if you want it, and automatic windscreen replacement.
• Find out if there is an accident help line in case of an emergency.
It’s a good idea to ring the insurer direct to talk through the policy in detail before signing up online.
Money saving tips – recommended!
You can get a quote with over 40 car insurers if you input your details into a good car insurance broker’s website. You’ll only need to give your details once. Call the insurer with the quotation to check exactly what is and isn’t covered.
If you have a garage, then you’ll save by keeping your car there overnight. You’ll also make savings if you can keep your car on a driveway. This is because there is more chance your car being broken into or vandalised if it’s kept on the road.
Give your insurer an accurate picture of how many miles you do each year – you will save if you travel less.
Some occupations, like being a landlord, journalist or professional footballer (if only) attract higher premiums. You can save money if you work in finance or the civil service.
Get married! Men under 30 pay more if they’re not married – it’s just the excuse your girlfriend is looking for!
Under 25’s pay more, but you can get lower premiums if can put a driver over the age of 25 with a good driving record on your policy as a named driver. That person must be under 60 though, as premiums rise again at that age.
Agreeing to higher excess (the average cost is £100) will help lower your premiums.
If your car is not of a high value, you could get third party cover and make quite a saving compared to fully comprehensive insurance.
Pay as you go insurance is a new option for 18-21 year olds. It’s a recent development introduced by Norwich Union, in which you pay a unit cost per mile. The cost per mile is more between 11pm and 6am. You pay an initial fee of £199 to have a Global Positioning System fitted to your car, and then it transmits details of your mileage direct to Norwich Union. They send you a monthly invoice and you pay for the miles you’ve done!
Taking Pass Plus lessons to improve your driving abilities could save you around a third on your premiums. They cost £15 – £30 an hour and cover driving at night, in busy rush hour jams and fast motorway driving. You can find out more at www.passplus.org.uk . You can also improve your driving skills and make insurance savings with the Institute of Advanced Motorists ( www.iam.org.uk ).
Find out the insurance group of a car before you make the purchase. There are twenty insurance groups – the slower and less desirable the car (to criminals) then the lower the rating. You could make considerable savings by choosing a car in a lower insurance group.
If you want a high spec or performance car then you can expect to pay a lot more on your insurance. They’re a lot more likely to be stolen or involved in an accident. Making the sensible choice might be a bit boring, but it will be a lot cheaper.
Watch your speed. Most insurance companies will let you get away with a single fixed penalty fine but if you repeat the offence then your premiums will rocket.
Protect your no claims discount as soon as you can (usually after four years). It costs a bit extra but it’s well worth it.
Satellite navigation in your car will lower your premiums. Insurers have found that people concentrate more on their driving and less on trying to find their way, which means less chance of having an accident.
It’s a good idea to have an engine immobiliser or alarm fitted not just because it could help you keep hold of your car, it will also make you a saving of 5-8%.
If there’s two or more cars in the household, get them on the same policy to get a good discount.
Michael works as the content editor for One Stop Car Insurance Shop who offer car insurance online.
Car Insurance: Feel Safe While Driving
Undoubtedly, your car is your valuable possession. Thus, it is your all time effort to secure your car from any sort of mishap. In such cases, car insurance programs play an inevitable role. Such programs protect cars from any sort of loss. It could be accident, theft, damage, engine breakdown and other technical problems. Just get your car insured and feel secure while driving.
In the modern world, the significance of car insurance is truly unavoidable. No body can tell anything about future. Thus, it is advisable to be prepared for the waste every time. Under such circumstances, a car insurance program can be a great relief for drivers. Incase, your car is stolen or faces any accident, such an insurance program will assist you to cope up with all odds.
The protection, provided with car insurance, can be of various types. Covering all such types, the final premium is decided, which can be paid monthly, quarterly or yearly. Now have a look at the some of the common coverage programs.
•Bodily injury liability: this is applicable to the policyholder. This program covers the injuries caused to other’s car. Even more, if any of your family members drives other’s car with his/her consent, Bodily injury liability programs will cover him too. But in such cases, his/her name should be enlisted in your policy.
•Personal Injury protection: As per this program, a policy holder can claim insurance for the medical expenses of the driver or any passenger of his/her car. Hospital bills, cost for surgeries, X-rays and even more cost of funeral are also included in this coverage program.
•Property damage liability: Such coverage programs protect the policyholder if he damages some other’s car.
•Collision: In case, your car faces any collision, then, collision coverage pays for the physical damage of your car.
•Comprehensive coverage: With such coverage, a policyholder can claim car insurance incase his car faces any natural calamity like, fire, hail, floods, tornado and so on. Even more, theft is also covered with this program.
•Underinsured or uninsured motorist: If you face any accident caused by someone else and if the accused person doesn’t have any insurance for covering the damage, then this program will assist you to claim a compensation.
Are you planning to get your car insured? Don’t waste your time for that. Since, car insurance can be done over the internet, so, you don’t need to visit any insurance company. Just sit in front of your system and visit various car insurance sites. By making a bit research, you can easily grab a better program.
Henry Bell is an author who can certainly identify the kind of insurance that you will need. He is an MBA(finance) from University of Oxford. Car Van Insurance endeavors to find the best possible deals for its customers. To find Car Insurance, Cheap Car Insurance, Instant Car Insurance Quote, Online Car Insurance, Free Car Insurance Quote visit http://www.carvaninsurance.co.uk
Avail Car Insurance; Drive your Car With Confidence
Taking precautions and avoiding a situation is always better than working it out later. But accidents and mishaps do not happen with prior intimation. It is always better to be prepared for them. Getting Car insurance for your vehicle will help in coping up with the monetary loss incurred due to the accident or theft of your car.
Car insurance is very necessary for every car as it protects the car against any accidents, thefts, natural calamities etc. It is important to secure the car against any kind of loss as the future is unknown and no surety can be predicted with the environment also. Calamities like earthquakes, floods, tornadoes etc are also covered by car insurance in addition to accidents and car thefts.
Many coverage programs have been structured under car insurance. These cater separately to different needs of the car owner. These programs include bodily injury liability, personal injury protection, comprehensive coverage, third party legal liability coverage, collision and property damage liability. All aspects of any damage that can be caused, to the driver or passengers or to the car are covered by car insurance.
While availing car insurance, the owner of the car will realize that there is a lot of difference in the deals that are offered to him. To find a good car insurer, he should undertake a proper research. For this he is not required to survey the physical markets since several car insurance companies are available through the online mode. Low premium deals can be obtained through a proper comparison of the car insurance deals that are offered.
The premium that is required to be paid for car insurance depends mainly upon the driving record and the model of the car to be insured. If very frequent claims have been made in the past, higher premiums will have to be paid for availing car insurance.
Making car journeys safe should be the top priority of the driver to safeguard the wellness of everybody. But preparation with car insurance should be done beforehand for any kind of mishaps.
Henry Bell is an author who can certainly identify the kind of insurance that you will need. To find Car Insurance, Cheap Car Insurance, Instant Car Insurance Quote, Online Car Insurance, Free Car Insurance Quote, Van Insurance visit http://www.carvaninsurance.co.uk/
Car Insurance Finding Tips
Anybody who drives a car needs car insurance. Not only is it against the law to drive without proper insurance but it will also protect you in the event of a car accident, theft, or damage to your car. With the rising costs of insurance these days however, it seems that everybody is looking for a way to reduce their payments while still staying covered. For this reason, there are a few things to keep in mind when choosing car insurance and there are several things that can be done to reduce the costs of insurance.
The first thing to do is look at the excess that is being charged with any policy. This is the amount that you are responsible for when making a claim. The cost of the insurance policy will be directly connected to the excess amount. Many people, who have car insurance, especially if they have had the same policy for a long time, do not ever think to reconsider their excess. When getting quotes, they could get them lower if they have a good driving record and are willing to make larger payments should something happen.
Another way to cut the costs begins when you are first buying the car. This is because many makes and models of cars, such as sports cars, cost more to insure than others. Other types of cars that can be costly to insure are those that have a high theft rate. Be sure to do some research on different models of cars when buying and see what the insurance on these kinds of cars will be.
Driving carefully and safely is one of the biggest ways to save on car insurance. It may sound like common sense but a good driving record will be a great benefit when getting online or offline quotes. This is because the cost of the policy is determined according to how high a risk the driver getting insured is. Many companies also offer safe driver discounts, giving money back or discounts to those drivers that do not get many speeding tickets or get into accidents often.
Installing safety and anti-theft devices can also make a huge difference on your premium. By having these devices fitted on your car, it reduces the risk that they will be stolen. Again, the insurance company takes into consideration the risk of insuring the person and the car so when you lower the risk, the cost of the policy will also be lowered. If you get these devices after you have your car policy, be sure to let your insurer know that you have installed them and ask if they can change your policy accordingly.
Before renewing any policy, be sure to get different quotes. Car insurance rates are always fluctuating and you or your car may have made changes since getting the car insurance initially that will affect the policy. Going online can be a great way to get several different quotes quickly from different insurance companies. These quotes will give you a better idea of what to expect from your policy.
My name is Steven Smith and I have researched car insurance on behalf of the www.buyyourcar.co.uk
Getting the Most From your Car Insurance Policy
If you are like most people, you probably grimace when you are writing out your check every month or every quarter to make a payment on your car insurance policy. On one hand you hate to do it but on the other hand, you realize that a car insurance policy is something you absolutely need to have, even if it is not required by your state’s laws, where it is required in most states.
While it may seem counter-productive to some to pay for a car insurance policy that only springs into action when something bad happens, that insurance policy is also buying you peace of mind and protection. In an accident, the aspects of personal liability, personal damage, and property damage can quickly add up to a healthy six figure number, and sometimes even more.
But it is interesting to note that while most people understand that they need to have a car insurance policy, very few people understand how car insurance works. Instead of obtaining the information they need, they continue to write out those monthly or quarterly checks like clockwork. As a result of this mentality, many (and some say “most”) consumers are paying more for their car insurance than they need to.
One of the most important coverages you can have with your car insurance policy is bodily injury liability. This type of coverage will pay for injuries to yourself or another person as a result of an accident. The fact that you consider yourself a very safe driver has almost no bearing on this aspect of it. Even if you are not at fault in an accident, many states have no fault policies in place, where an accident is nobody’s fault, and either party can be sued. And if an accident IS your fault, well, that is why they call it an “accident”. You did not cause it purposely, it was an accident, but you caused it nonetheless.
You also have comprehensive coverage, which pays for other things like fire or theft. If your car is not paid off, you will also want to have collision coverage, and in fact your car loan lender may require this coverage until your car is paid off. There are various other types of coverages you can elect to get with your car insurance policy, such as rental car reimbursement if your car is in the shop for an extended period of time, or towing coverage.
Then you have a deductible amount on each of those coverages. The lower your deductible amount, the higher your car insurance policy premiums will be, simply because chances are better that that insurance company will need to pay money out. For example, the premium different between having a $500 deductible and a $100 deductible on collision coverage could be as much as two or three times different.
You should periodically shop around for your best rates on a car insurance policy. Rates and coverages change all the time, and just because the insurance company you signed up with 10 years ago had a good deal at that time does not mean that they are still your most cost effective option.
Do not ignore or dismiss online car insurance quotes. Many times an online source will provide very aggressive car insurance policy quotes.
It costs you nothing to get quotes from various companies, both online and offline, to see where you can get the best bang for your buck. Take time to invest the effort to compare policies and you may find that you could save a bundle by switching.
For more insights and further information on your Car Insurance Policy and to get a free online no-obligation quote on car insurance, please visit our web site at http://www.tips-for-car-insurance.com
Bad Credit Low Car Insurance Rates
If you have bad credit, you may be finding that getting a good deal on your car insurance is not an overly easy task. In the world today, more and more people are finding themselves in serious financial trouble and bad credit is dramatically on the increase. It is restricting people’s lives and it often causes them to get into deeper financial trouble, as the cost of things such as their car insurance goes up.
Finding Good Car Insurance Deals With Bad Credit
While it may be slightly more difficult finding a good deal on your car insurance when you have bad credit, it is certainly not impossible. There are some companies that deal specifically with people who have a bad credit history and they offer special deals to suit your needs. Even if you cannot find a good deal, there are also other ways in which you can improve your situation to get a good deal.
Some of the main things that you can do to purchase good deal car insurance with bad credit include:
- Improve your credit rating
- Compare different companies
- Take out a bad credit loan
- Purchase a cheaper car
- Don’t accept any extras on a loan
- Make sure you have a full time job
All of the above will really help you to get a good deal on your car insurance. The main thing that you should aim to do ideally would be to improve your credit rating. Paying off most of the debt that you have will help to improve your rating and insurance companies will be more willing to give you a better deal. You could also apply for a credit card that you could use specifically to get your credit rating up. By making small purchases and paying off the full balance at the end of the month, you will help to improve your rating. Just remember not to use the card for anything else.
Most people with bad credit have to rely on another loan to help them to purchase their car insurance. Now, while there is nothing wrong with this if you can comfortably afford the repayments, you should be extremely careful where you get the loan and what you use it for. For example, many people use the loan to get a new car before they get their car insurance. This can be a big mistake as you need to know what the insurance will be on the car that you choose. Different cars attract different insurance rates and so if you do have bad credit, it would be advisable to choose a car that has as low an insurance rate as possible.
Car insurance can be expensive and it is unfortunately something that every driver needs. The main tip for you to follow is to purchase a car only after you have researched different car insurance rates. Also try to improve your credit rating as much as possible beforehand and get as many auto insurance quotes as possible before you you’re your decision.
If you are looking for more FREE information on Bad Credit Low Car Insurance rates, please visit our website: http://www.htquotes.com
Taking Out A Cheap Car Insurance Policy Can Give You More Than Peace Of Mind
In October 2007 the safety organization “Tyresafe” ran a campaign which highlighted how important the tyres of your car are to your safety, with claims on insurance policies resulting from accidents caused by worn or dangerous tyres. In order to emphasize this there has been a request that garages give out free checks to motorists such as checking the pressure of the tyres of drivers that are driving legally on the road with car insurance. So when you take out a cheap car insurance policy you can get more than just peace of mind that you have insurance but also a free tyre check.
It is thought that up to a quarter of all motorists on the road drive around with tyres that are worn and some of these are considered to be deadly. Worn tyres means your car has less grip on the road and with winter and icy weather fast approaching checking your tyres and replacing them is just as important as taking out and finding a cheap car insurance policy. If car insurance prices are to remain low then it is essential that claims are kept to a minimum and worn tyres are just one of the many reasons which can cause an accident and so boost up the cost of car insurance.
If you want the cheapest quotes for car insurance then you can do more than just keep a check on how worn your tyres get, keeping your car parked in a garage instead of on the road, installing the latest security features such as immobilisers, car alarms, etching windows with the number plate and fitting tracking devices call all reduce the cost of the insurance. To make further savings you can limit the type of insurance you take out instead of taking out fully comprehensive insurance which gives the most cover including covering both cars to be repaired if you should be in an accident, fire and theft and giving cover for passengers it is the dearest type of car insurance and you can take out third party. Third party fire and theft will pay for damage done to the other car in an accident and insure your own car if it should be stolen or damaged through fire and is a lot cheaper than taking out fully comp.
If you are not sure which type of car insurance is the right type for your needs then check out the specialists website as they will offer plenty of helpful advice, hints and tips and articles to help you choose the right type of insurance. Along with this you can also learn how to make the best savings on your car insurance and of course out your car insurance policy search in the hands of the specialist broker in order to be able to obtain the best deal. Specialist will be able to conduct a search throughout the entire car insurance marketplace which saves you not only a great deal of time but also money and allows you to insure your car cheaply.
David Thomson is Chief Executive of BestDealInsurance an independent specialist broker dedicated to giving consumers the best insurance deal. They offer great value home, life and car insurance.
