There is a reason why many parents cringe at the addition of their teen to their auto insurance plan: high premiums. Indeed, the new driver in your family won’t get the best rates, but there are some factors you can influence that directly connect with your premiums.
It is vital that people ensure that they have clean driving records – or at least driving records that are relatively free from infractions – when going about obtaining car insurance. At least, individuals should care about their driving record insofar as lower premiums matter to them. Insurance companies monitor your driving record. Good, clean [...]
With the growing popularity of getting car insurance online, one of the biggest questions individuals have is whether they can trust an online car insurance quote. Online quotes might seem cheaper, though in practice you may well find a better deal over the telephone, as there’s more opportunity to exchange information and strike a bargain [...]
If you’re looking to secure insurance for an imported vehicle, be prepared to pay higher premiums than you would for a ‘standard’ car that has been produced in Australia, especially if your import has modifications that allow it to reach higher speeds. Why Your Premiums Are Higher Because they’re produced outside of Australia and need [...]
If you use your own car for business purposes, are you clued-up on the insurance side of things? What If I’m Using My Own Car for Work and Personal Use? If your car is being used for a mixture of work and personal commitments, you’re advised to inform your insurance provider if you’ve not already [...]
Comprehensive car insurance covers your car as well as damage you cause to another individual’s car. While compulsory insurance is required, the required insurance only calls for coverage of damage to another person. When purchasing comprehensive car insurance, it’s important to be well-informed. Not all policies are created equally, and it’s important that you understand [...]
Car insurance rates are based upon a number of factors. The rate that you pay differs greatly from the rate that your neighbour pays (and so on). Some of the things that negative impact your insurance rate can be easily changed. Likewise, you will also discover that many of the factors listed below are out [...]
First time buyers are likely to be quoted higher car insurance rates than drivers with established records – rates of up to 50% higher are not unheard of. Actuaries determine the risk for all possible population segments, and even though their assessment of first time buyers may not seem fair, you shouldn’t take things personally! [...]
A number of different factors affects your car insurance premiums. Some of these factors are fairly well known by most people, while others will come as somewhat of a shock. Some of these factors are: The numbers of miles you drive Your car’s engine size The brand of car your driving Your age and gender [...]
If you wish to avoid paying too much, it is important to evaluate your car insurance policy from time to time. Car insurance companies do charge customers to make a profit. After all, they are in business for this purpose. Shopping around might just net you a better premium. You can also save money on [...]
