How Can I Save Money on Car Insurance?
For most South Africans, car insurance premiums are just one of several monthly deductions on their paycheck. Read here to learn how to save money on car insurance.
With loan repayments, bills and the inevitable income tax among several other items eating into their salaries, any chance to lower expenditure will be welcome.
One place you can start stemming the cash bleed is your auto insurance payments. And luckily we have some tips and tricks you can use to do this.
Buy Right To Save Money On Car Insurance
To start, you need to shop wisely when buying a car if you’re to realise your goal to save money on car insurance.
The kind of car you buy will be factored in when calculating your monthly premiums. So if you choose one with a lower risk of theft or getting involved in an accident, you’ll pay less.
For this reason, it’s a good idea to see what kinds of vehicle insurance are there and their terms even while car shopping.
Your premiums will be lower, for instance, if you buy a new car with a good alarm system.
The opposite applies to a second-hand car with plenty of miles on the odometer that has no security features. Buying a car model that is popular with car-jackers is a bad idea for this reason.
Your car aside, there are some steps you can take in your capacity to lower your expenditure on car insurance.
For starters, you can start building a good track record and observing the highway code.
If you have a spotless history as far as road accidents, you’ll be in a better position to argue for lower premiums. If you don’t drive much, be sure to ask about low mileage discounts.
People who register lower than average annual mileage are eligible for such goodies.
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