On this car insurance blog we have discussed several important aspects to assist the vehicle owner with his car insurance, but also provided advice and recommendations for greater safety on the road. Many vehicle owners might however not gain exposure to this important information directly – since they might rather be searching for ways to reduce their car insurance premiums.
In these challenging financial times price is a very important consideration in acquiring car insurance. We have decided to offer advice in a short series of blog posts on how to find cheaper car insurance premiums. The first aspect we would like to discuss is how the way you drive can decrease your car insurance premium!
The most basic principle behind calculating the car insurance that the lesser the risk, the cheaper the car insurance premium. The less likely you are to cause vehicle damage by the way you drive, the cheaper it will be to cover your car!
What can I do to save on my premium by the way that I drive?
- Some insurance companies may offer “low-mileage discounts” to policyholders who carpool to work or drive a lower-than-average distance each year.
- The less time you spend driving, the less accident probability you have. This frequently results in a cheap car insurance premium – Call your insurer and find out whether you qualify.
- A safe and accident free driving record can reduce your car insurance premium.
- You may be eligible for a price break on your car insurance policy if you have no accidents or traffic violations for a specified period.
- Get advanced driving qualifications – Recognised extra qualifications may cut your premium.
- Driving courses could include both defensive driving and advanced driving courses.
- Ask the driving school/academy and the insurer whether a certificate as proof that you have attended such a course will offer insurance benefits.
- Drive defensively with the utmost of care and vigilance.
It is also important to consider when and why you drive. You should, if possible avoid using your car for long distance business travels. Insurance companies could add a “business use surcharge” or increase your car insurance premium as your annual distance travelled increases. If you must use your car for business, be sure to tell your company so that your daily business travel expenses is covered and car insurance is accounted for under any travel allowances.
Getting cheaper car insurance premiums is only one side – maintaining this is another. Your driving will decide whether those insurance premiums remain cheap and affordable – or whether they become more expensive! In previous discussions we also focused on a few important decisions by the Ombudsman for Short Term Insurance on drunk driving, underage driving and roadworthiness. These provided confirmation that your insurance premiums will be increased if you attract drunk driving convictions.
It is best to remain sober behind the wheel, to keep your vehicle roadworthy and to drive with caution. The way you drive could not only save your life – but keep your car insurance premiums cheap and affordable!