Irrelevant of how old you are, how much driving experience you have or what type of car it is that you drive, it's guaranteed that your insurance premiums are going to vary from insurer to insurer.
Aside from the fact that each insurance company bases their premiums on different calculations, car insurance is affected by a vast array of different criteria, meaning that the difference between two drivers' premiums could be several hundreds of pounds, even if they have almost exactly the same details, with only one or two minor differences.
Whilst it can seem somewhat impossible to list and understand every different factor that affects the cost of your car insurance premium, the reality is there isn't actually any major need.
Although understanding the primary affecting factors is always beneficial, you can actually ensure that your insurance premiums are as low as they can be by simply possessing two separate qualities - common sense and honesty.
It may sound surprising, especially if you have previously thought you have had to understand how car insurance is calculated fully to achieve affordable premiums, but the truth is that as long as you stop and think about all aspects of the policy and that you never lie when completing your application for insurance, you should be able to look forward to cheap premiums.
For example, regarding honesty, as tempting as it can be to say that you keep your car in an alarmed garage which has an securely locked door because you know that your premiums will fall if you do, don't just say this for the sake of it.
If you have a garage and you use it, great - but don't tell the insurance company that it is fully alarmed if it is not, as this will cause nothing but problems should it get stolen and you need to make a claim.
The common sense aspect is one that whilst not coming naturally to some people, can be an easy quality to posses and all it requires is for you to take the time to think.
Looking at the amount of miles that you travel in your car as an example, the average mileage that you would cover in a car is considered to be 12,000 a year, so it can be tempting to simply put this figure down, as you know it's unlikely that you'll exceed it in your car.
However, if you've just purchased a 430 Scuderia Spider from Ferrari dealers, it's extremely unlikely that you've going to cover anywhere close to 12,000 miles over 12 months (as apart from the fact it would be almost impossible as the MPG is low, any cars from Ferrari dealers are so valuable, it would be risky - to say the least - to drive a Ferrari around for 12,000 miles).
Therefore, spend the time working out approximately how many miles you will cover, add 10% on for unforeseen journeys and then let your insurer know for a reduction in your premium.
Car insurance is affected by a wide range of different affecting factors, meaning that the cost of the premium can vary considerably from person to person.
However, being the most honest driver that you can be and ensuring that you apply some basic common sense principles when applying for insurance, you can be certain that the car insurance premiums you receive are the cheapest possible for your individual circumstances.
Author Resource:-
Jardine Motors Group UK operates a large portfolio of specialist franchises of the world's most prestigious marques, including Ferrari dealers.
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