Cutting the cost of your car insurance
To many people car insurance is daylight robbery in many ways, you cannot get away without it, the premiums keep rising and more often than not you do not receive the amount you thought your car was insured for in the event of an accident. So how can you reduce your car insurance while retaining the cover that is applicable to you?
There are many ways to reduce you cover which include :-
Travelling fewer miles - many car insurance policies these days will give you a reduction if you travel under a certain amount of miles. However, they will not hand this saving to you, you need to ask!
Security - the simple introduction of a car alarm can and does affect the level of your premiums and offers you the chance to reduce them. The amount may not be massive but it all adds up!
Smaller car - Many people who drive larger cars will have seen their insurance go through the roof over the last couple of years. Driving a smaller car will not only save you petrol but it will be cheaper to insure - unfortunately where you have a family this may not always be possible.
Share this..
Related stories
Building societies 'more committed'
Building societies "offer far higher levels of service" when compared to banks, according to a spokesperson for the Building Societies Association (BSA). Research by Moneyfacts carried out in October of this year found that building societies offer a massive 70 per cent of the top 250 mortgages and according to recent reports, building societies witnessed record high deposits over September, as in...
Read MoreForeign holidays on decline as Britons cut costs
Many hard-pressed consumers are giving up their foreign holidays this summer in order to save money.According to a poll from Norwich Union, around one third of the holidaymakers will forego their trips in this way - with around half cutting costs by not taking out travel insurance.Rising food and fuel prices - which has seen the government's inflation benchmark hit an above-target 3.3 per cent - a...
Read MoreWhy shopping around for your car insurance is vital!
As we covered in one of our recent articles on motor insurance, the AA reported a 7.2% increase in average car insurance premiums in the final quarter of 2009. However, the annual increase in car insurance premiums is well into double digits and there is serious concern that motorists will be hit with higher and higher premiums in the short to medium term. Many of us will have been with the sam...
Read MoreRoyal Bank of Scotland bows to shareholder pressure
In a humiliating U-turn, Royal Bank of Scotland chairman Philip Hampton will be forced to admit that the company's executive pay scheme needs to be reviewed. It is believed that the U-turn will be announced on 28 April at the company's annual general meeting although we may not see details of the revisions until after the company's trading statement which is expected on 7 May. However, the company...
Read MoreIs the UK manufacturing sector about to rise from the ashes?
The UK manufacturing sector has been dead and buried for many years with consecutive governments reducing assistance and concentrating on the services sector, dominated by the financial industry. However, there are signs that political parties are now trying to win over the hearts and minds of UK manufacturing companies in the knowledge that exports and the production of physical items hold the ke...
Read More