The car insurance premium in an average varies every year and this does not include the deductible when u have to file a claim. When we look at the economy today, many of us find it very difficult to keep up with such bills. So we have to find the right insurance company to get the lower premiums and best discounts.
Considering The Factors
In any car insurance application there are few criteria which will be considered at the time of evaluating. Even though few factors might affect your car insurance premium, they may not have much power over. Female drivers have advantage as they will have low car insurance premiums than the men drivers so, gender will also have an effect on your premium. And even if you are a senior driver you can have less premium than the teen drivers. Credit history is one main thing which most of the insurance companies look for. So, be sure you have a clean and good credit history which will help you to get the best premium rates. At any point of time they will be reviewing your credit score and see if have gone through any driving classes which can again be helpful for you to get cheaper premium.
The insurance companies also evaluate the model and make for the car they will be insuring. In case if you are driving a luxury car, then you will have to pay high premium. The reason is parts of luxury cars will be very expensive and repair costs thousands of dollars and also cars which are expensive are more prone to theft. In the mean time if you have an old car, your premiums will be cheaper as you can get the car parts very easily. Another important factor that affects your car insurance premium is the car mileage. The premium will be high if you drive for more distance. If you drive almost all the time, the level of risk for car accidents is high but if you drive less, then the risk levels will slightly be reduced. So, try to use your car less if you want cheap car insurance rates.
If you are living at any place where its pretty hot this summer, know about car safety in summer. Carrying the wrong items and never the right required items while driving will make the drive miserable to bare the scorching heat. Have those items which makes your drive safe and enjoyable.
Keep Your Car Cool
Keeping your car in a good condition is made easy by proper maintenance which helps to avoid break downs on roadside in summer. If you do the mistake of parking your car out in summer heat then the car gets heated up quickly breaking through the windows, interior seats as glass is an insulator.
Keep the engine cool even when the temperature is pretty high by a simple cooling system designed for your vehicle. Use right coolants for your car by checking it’s manual which helps in avoiding break downs on road side.
During summer, it is very important for your car to be hydrated, just the way you take care of yourself. Use of wrong coolants can result in pump and radiator damage. The other way of preventing your vehicle’s engine from getting heated to maximum extent is by using a coolant on radiator, with additives such as Purple Ice. This is a synthetic radiator coolant of high performance reducing engine heat.
Summer Trips – Get Ready
Get ready for summer with the below tips:
- To keep the cool of your vehicle, check for the freshness of fluid and filters. Also check for proper working of air conditioner.
- Do not over load your vehicle. It will effect car mileage and also builds excessive heat in tires.
- To reduce your vehicle’s that extra needed effort to move forward while driving on sand, you need to point the wheels straight and then start off.
- If you are stuck in sand then reverse out. Make sure to reverse on same tracks and then to move forward. Remove sand build ups if found before reversing.
- On reaching home from any beach drive, the best practice is to remove all the dirt, sand traces from your car. When cleaning, pay attention to mudguards, any crannies or nooks where sand gets trapped.
- Check for all four tires and spare every month, specially when heading for long trips. Keep them regularly on a required pressure level.
We Should go through the factors that may influence our car insurance premiums, but sometimes we are bounded by the things that we cannot change few things easily. We should always ensure that our idea is to get the best deal and low car insurance premium, so we should not restrict ourselves for anything. Drivers tend to get baffled as to how precisely auto insurance premium are estimated. Drivers will have a basic understanding as to what factors are influencing premiums. Auto insurance premiums are fairly unchangeable across the industry.
Ways to Tone Down – Auto Insurance Premiums
Credit score- keep up a good one
This will be of little benefit to you only if you think to pay your premium at one shot. You can also pay your premiums on a monthly term and this can be thought as monthly loan. The insurance company that you have selected can reject or they can even account you an huge amount for having a bad credit rating.
Devices for car security
You will be eligible for discounts if the engine of your vehicle is equipped with an alarm or an immobilizer. It depends on insurer to another insurer for discounts to be qualified on an devices.
State your Car Mileage
Every company might have their own set of rules on the vehicles mileage and o what extent it would effect your premium, by maintaining the annual limit of your car insurance premium to an average of less than 13/15k you can see that it would start reflecting the cost of your car.
It is always safe to keep the car modifications to a direct minimum. The extra security devices like alarms and immobilisers can normally lower the cost of premiums, this can be a one of the modifications that can reduce the premiums.
Discounts on zero claims
The most dependable way to reduce the car insurance cost is probably to have no claims as bonus. Always try to maintain or build a no claims discount.
Choose large deductibles
The higher your deductible, the lesser the insurance company will need to pay out. Opt out of comprehensive coverage for older cars.
Pay semi annually rather than monthly
Your always benefited by saving a lump of money by paying the premiums for the 6 months in advance instead of monthly payments. Rather than paying the more cash directly to any of the bulk item you can make use of the discounts that are provided by your auto insurance company.