It stands to common reason that if you have a driving conviction of some sort that the result will be higher premiums. However, the common misconception is that there is nothing you can do about this, that you have to simply accept the higher premiums and live in constant punishment for the mistakes of the past.
This is simply not true, however. There are many specialised insurance companies across the UK that focus only on a certain market or area, such as insurance companies that insure women only, or insurance companies that insure classic cars only, vans only, or motorbikes only.
Insurance companies specialising in providing cheap car insurance for convicted drivers are now emerging all over the UK, especially as more UK drivers are finding themselves with a conviction of some sort.
These specialist companies tend to take a balanced, pragmatic and sympathetic view, knowing that each situation is different and every person is different. In other words, they are keen to listen to your story and make a decision for your particular case.
Convictions for speeding are not seen as seriously by these specialist insurance companies, but they do view drink-driving and reckless driving as serious cases. But these companies specialise in convictions and are willing to listen to any and every kind of conviction, especially if you are clearly on the road to some form of recovery.
The fact of the matter is that having a conviction does not automatically mean you will claim more from insurance, which is a fact that many conventional insurance companies will ignore.
The insurance industry has largely been stale due to lack of competition, until recent years when more specialist companies have emerged to create more competition, as well as the Internet, which gives small companies and specialised companies the ability to reach a wider market. You don't need big advertising budgets to reach the market successfully through the Internet, and this has made many changes to business.
For this reason many of these specialised insurance companies offering cheap car insurance for convicted drivers can be found online, using search engines or price comparison websites. Price comparison websites can provide you several quotes at once.
Many online insurance companies specialising in convicted driver insurance will provide you a quote online, especially for minor convictions, while asking you to phone or email if the conviction is more serious (usually telephone is preferred). This allows them to hear your story and judge more adequately what they will need and how they can help you.
Fortunately, having a conviction does not mean that you have to drop the level of insurance you can get, either. Fully Comprehensive plans are available at much better prices than you are going to get at a conventional insurance company. The secret is really to do some shopping around, use the internet (search engines, blog sites, review sites, forums etc.) to do some research.
Regardless of what kind of conviction – a DR10, DD40, SP30, SP60, or any other kind; or whether you were the cause of an accident, you can find cheap car insurance for convicted drivers through specialist companies that are mostly on the Internet.
Monday, June 22, 2009
Sunday, June 21, 2009
Finding a Cheap Quote for Car Insurance
Looking for a cheap quote for car insurance? Well, I'm sure by now you have made a few phone calls to the regular insurance companies that most of us know and are appalled by the prices offered to you – especially if you are a young driver. Apparently, the average annual insurance premium in the UK right now is £780.
In the 1930's the UK made it law that all cars on the road must be insured. This was further solidified by the 1988 Road Traffic Act, which was amended in 1991 with new by-laws. According to this Act, all cars on the road must be insured according to various stipulations. The only other recourse for drivers is that they can make a £500,000 with the Accountant General of the Supreme Court.
The three main types of insurance cover offered by insurance companies in the UK are Third Party Only (TPO), Third Party Fire & Theft (TPFT) and Fully Comprehensive (Fully Comp). The only other type of insurance offered, which is quite rare, is Road Traffic Act insurance. This is similar to TPO except it has a limit of £250,000 – meaning that that is all that would be paid out in an accident, and no more, regardless of medical costs or repair costs. Emergency treatments are also not covered in this kind of insurance. Basically, it covers the bare basics of the Road Traffic Act and for many reasons insurance companies don't see it as viable and no longer offer this kind of insurance.
Here is each type of insurance covered in more detail:
TPO
TPO is the cheapest kind of insurance and covers the following.
1) Damages to the third party's vehicle ONLY in an accident.
2) The third party's medical costs, as well as their passengers' costs.
3) Any passengers in your car's medical costs, but not you yourself.
Costs to your own vehicle are not covered, and your car is not covered in the case of theft either. Young drivers will generally be more interested in this kind of insurance because of the fact that they don't have an expensive car or a very deep pocket.
TPFT
TPFT is the “next level” of insurance and covers all the above, with the inclusion of theft or damages done to the car outside of an accident.
Fully Comp.
Fully Comp. is the 'highest level' of insurance and covers all the above while including all of your own costs in an accident, and some extras depending on the policy.
Finding a cheap quote for car insurance
Many online companies have emerged in recent years offering much cheaper insurance. A quote of £750 can be dropped to £455 through many of these companies. Because they are generally smaller they need your business more than bigger companies, and they also tend to be more progressive than many of the bigger companies.
These online companies can be found through various searches on the internet, as well as through price comparison websites, blog sites, and so forth. It requires some effort finding them – you need to shop around – but once you do the end result is worth it.
In the 1930's the UK made it law that all cars on the road must be insured. This was further solidified by the 1988 Road Traffic Act, which was amended in 1991 with new by-laws. According to this Act, all cars on the road must be insured according to various stipulations. The only other recourse for drivers is that they can make a £500,000 with the Accountant General of the Supreme Court.
The three main types of insurance cover offered by insurance companies in the UK are Third Party Only (TPO), Third Party Fire & Theft (TPFT) and Fully Comprehensive (Fully Comp). The only other type of insurance offered, which is quite rare, is Road Traffic Act insurance. This is similar to TPO except it has a limit of £250,000 – meaning that that is all that would be paid out in an accident, and no more, regardless of medical costs or repair costs. Emergency treatments are also not covered in this kind of insurance. Basically, it covers the bare basics of the Road Traffic Act and for many reasons insurance companies don't see it as viable and no longer offer this kind of insurance.
Here is each type of insurance covered in more detail:
TPO
TPO is the cheapest kind of insurance and covers the following.
1) Damages to the third party's vehicle ONLY in an accident.
2) The third party's medical costs, as well as their passengers' costs.
3) Any passengers in your car's medical costs, but not you yourself.
Costs to your own vehicle are not covered, and your car is not covered in the case of theft either. Young drivers will generally be more interested in this kind of insurance because of the fact that they don't have an expensive car or a very deep pocket.
TPFT
TPFT is the “next level” of insurance and covers all the above, with the inclusion of theft or damages done to the car outside of an accident.
Fully Comp.
Fully Comp. is the 'highest level' of insurance and covers all the above while including all of your own costs in an accident, and some extras depending on the policy.
Finding a cheap quote for car insurance
Many online companies have emerged in recent years offering much cheaper insurance. A quote of £750 can be dropped to £455 through many of these companies. Because they are generally smaller they need your business more than bigger companies, and they also tend to be more progressive than many of the bigger companies.
These online companies can be found through various searches on the internet, as well as through price comparison websites, blog sites, and so forth. It requires some effort finding them – you need to shop around – but once you do the end result is worth it.
Saturday, June 20, 2009
Cheap Classic Car Insurance is No Longer Impossible
Classic car insurance is calculated mostly on your lifestyle. In fact, unlike conventional insurance or some other specialised insurance policies, your lifestyle is the predominant factor in classic car insurance calculations. Lifestyle is important in many other specialised insurance calculations, but no where is it as important as it is when it comes to classic car insurance.
The factors that are included in your lifestyle calculation include, firstly, how much you use the car. Classic cars are used differently to normal cars, but you would have to stipulate your kind of use: is it for social use, domestic, business, commuting, racing, for hire or just pleasure? The answers to these questions would change your insurance policy greatly.
Many car enthusiasts only bring out their beloved classic car during special occasions, and as an owner of such a car, you need insurance that is tailored around how you intend to use the car. Your insurance policy will differ in terms of costs and conditions depending on how many of these special events you intend to have, what kind of event they are, etc. Sometimes it may include a social meeting of classic car owners, either at a house or a club; a classic car run on a Sunday morning; a vintage run; a display event, a film shoot, a car show, etc. The kind of event will make a big difference on your policy. And if you don't plan on any specific events, you should remember to speak to your insurance policy if anything comes up.
The core focus of classic car insurance is flexibility, and the fact that you can get flexibility makes classic car insurance sufficiently cheaper than conventional insurance. The policy would fit around your lifestyle, use of the car, and – of course – your age. But young drivers looking for cheap car insurance can smile because if the policy focuses around your lifestyle, you can still get cheap classic car insurance regardless of your age. If you intend on driving the car much less than you would your every day car, classic car insurance makes way for this and is much cheaper than conventional insurance. Risk is calculated on lifestyle and mileage, and age and gender plays a very little role.
With many insurance companies on the internet these days, including those offering cheap classic car insurance, the general demand and the availability of cheaper options has made classic car insurance much cheaper than it used to be. Smaller companies can now compete quite realistically and fairly against the bigger companies, now having the same market reach as bigger companies on the internet. This is one of the advantages of the Internet to both the consumer and business – competition is now much more fierce.
Even the most obscure kind of car can now be insured with insurance companies, because the competition for business in this sector has now become so strong, when for many years it was in the hands of the few. The philosophy of the Internet, as well, has changed not only market reach but also the way many companies do business, taking context and lifestyle into context rather than a 'one-size-fits-all' approach. The phenomena of a constant diversifying market is known as the “Long Tail”, and it is having its effects on the classic car insurance industry as well.
The factors that are included in your lifestyle calculation include, firstly, how much you use the car. Classic cars are used differently to normal cars, but you would have to stipulate your kind of use: is it for social use, domestic, business, commuting, racing, for hire or just pleasure? The answers to these questions would change your insurance policy greatly.
Many car enthusiasts only bring out their beloved classic car during special occasions, and as an owner of such a car, you need insurance that is tailored around how you intend to use the car. Your insurance policy will differ in terms of costs and conditions depending on how many of these special events you intend to have, what kind of event they are, etc. Sometimes it may include a social meeting of classic car owners, either at a house or a club; a classic car run on a Sunday morning; a vintage run; a display event, a film shoot, a car show, etc. The kind of event will make a big difference on your policy. And if you don't plan on any specific events, you should remember to speak to your insurance policy if anything comes up.
The core focus of classic car insurance is flexibility, and the fact that you can get flexibility makes classic car insurance sufficiently cheaper than conventional insurance. The policy would fit around your lifestyle, use of the car, and – of course – your age. But young drivers looking for cheap car insurance can smile because if the policy focuses around your lifestyle, you can still get cheap classic car insurance regardless of your age. If you intend on driving the car much less than you would your every day car, classic car insurance makes way for this and is much cheaper than conventional insurance. Risk is calculated on lifestyle and mileage, and age and gender plays a very little role.
With many insurance companies on the internet these days, including those offering cheap classic car insurance, the general demand and the availability of cheaper options has made classic car insurance much cheaper than it used to be. Smaller companies can now compete quite realistically and fairly against the bigger companies, now having the same market reach as bigger companies on the internet. This is one of the advantages of the Internet to both the consumer and business – competition is now much more fierce.
Even the most obscure kind of car can now be insured with insurance companies, because the competition for business in this sector has now become so strong, when for many years it was in the hands of the few. The philosophy of the Internet, as well, has changed not only market reach but also the way many companies do business, taking context and lifestyle into context rather than a 'one-size-fits-all' approach. The phenomena of a constant diversifying market is known as the “Long Tail”, and it is having its effects on the classic car insurance industry as well.
Friday, June 19, 2009
Cheep Car Insurance Companies for Young Drivers
Cheep car insurance companies are on the rise in the UK, which is good news for young drivers. Many smaller and internet-based insurance businesses are exploring ways in which they can get the young driver market and create great policies that would suit their pocket, one way or another.
Most young drivers probably don't know the statistics and research that shows that young drivers are, in fact, more reckless than drivers in any other age group. They might be wondering if the rates are actually fair or not, especially since it cannot be that all young drivers are such bad drivers.
However, 42 percent of road accidents in the UK are the direct result of young drivers' reckless driving.
Examples of this include a young driver who was jailed for 13 months in Burntwood for powersliding around a traffic island. Not only was the driver being so reckless, but he also had no insurance for his car. This, coupled with a host of other lawful infractions, led to his arrest and imprisonment.
A similar antic was tried by a 23 year old in January of 2009, who had a lighter sentence due to a number of factors, but nevertheless was banned from driving for 12 months and told to pay up a fine of £600.
These are, unfortunately, not exceptions. The research also shows that young drivers under 25 are to blame for 35 percent of drink-driving collisions, and of the uninsured cars on the UK roads, 50 percent of them belong to young drivers under the age of 29.
Accidents involving uninsured vehicles costs the insurance industry £500 million a year, which is why the average monthly premium price rises £25 to £30 every year. On average, UK motorists are now paying about £780 a year for insurance. The price hikes are largely because of the uninsured vehicles, meaning that if you decide to chance it with the law you are hurting yourself and everyone else in the long run.
Norwich Union's own research has shown that 52 percent of young drivers (now under the age of 21) spend approximately £500 on their first car. This is not a great deal of money, and so many of these cars are not roadworthy. One can understand the fact that young people don't have that much money, but the real problem comes in when the research shows that 40 percent of first time buyers don't perform any roadworthy checks on the car until the MOT certificate is due. This means that there are many unsafe cars on the road.
But, despite all this, many insurance companies in the UK are beginning (and have) formulated various plans, schemes and programs to help young drivers get cheep car insurance. These schemes include dropping premiums from 30 to 50 percent if a young driver has not claimed in the first year; giving discounts for advanced driving courses like the Pass Plus; or even allowing the driver to insure the car under their parents' or older relatives' name.
These insurance companies are trying to get in on the young drivers market and are doing a good job of it too. Because many of them are internet-based businesses, the internet is the best place to find them.
Most young drivers probably don't know the statistics and research that shows that young drivers are, in fact, more reckless than drivers in any other age group. They might be wondering if the rates are actually fair or not, especially since it cannot be that all young drivers are such bad drivers.
However, 42 percent of road accidents in the UK are the direct result of young drivers' reckless driving.
Examples of this include a young driver who was jailed for 13 months in Burntwood for powersliding around a traffic island. Not only was the driver being so reckless, but he also had no insurance for his car. This, coupled with a host of other lawful infractions, led to his arrest and imprisonment.
A similar antic was tried by a 23 year old in January of 2009, who had a lighter sentence due to a number of factors, but nevertheless was banned from driving for 12 months and told to pay up a fine of £600.
These are, unfortunately, not exceptions. The research also shows that young drivers under 25 are to blame for 35 percent of drink-driving collisions, and of the uninsured cars on the UK roads, 50 percent of them belong to young drivers under the age of 29.
Accidents involving uninsured vehicles costs the insurance industry £500 million a year, which is why the average monthly premium price rises £25 to £30 every year. On average, UK motorists are now paying about £780 a year for insurance. The price hikes are largely because of the uninsured vehicles, meaning that if you decide to chance it with the law you are hurting yourself and everyone else in the long run.
Norwich Union's own research has shown that 52 percent of young drivers (now under the age of 21) spend approximately £500 on their first car. This is not a great deal of money, and so many of these cars are not roadworthy. One can understand the fact that young people don't have that much money, but the real problem comes in when the research shows that 40 percent of first time buyers don't perform any roadworthy checks on the car until the MOT certificate is due. This means that there are many unsafe cars on the road.
But, despite all this, many insurance companies in the UK are beginning (and have) formulated various plans, schemes and programs to help young drivers get cheep car insurance. These schemes include dropping premiums from 30 to 50 percent if a young driver has not claimed in the first year; giving discounts for advanced driving courses like the Pass Plus; or even allowing the driver to insure the car under their parents' or older relatives' name.
These insurance companies are trying to get in on the young drivers market and are doing a good job of it too. Because many of them are internet-based businesses, the internet is the best place to find them.
Thursday, June 18, 2009
Four Steps Toward Cheap Insurance for Young Drivers
With the price of car insurance for young people continuously rising in the UK, most young drivers probably think that cheap insurance is nothing else but a pipe dream.
But this is not really the case. There are many ways in which young drivers can get cheap insurance and can also keep their premiums low. What follows is a simple step-by-step guide to help you in this process of finding cheap insurance.
1) There are many kinds of insurance plans.
The basic three plans offered in the UK include Third Party Only (TPO), Third Party Fire & Theft (TPFT) and Fully Comprehensive (Fully Comp.). Each of these have their own advantages and disadvantages, and of course come at a different price. Your choice of which one depends largely on your car, how much driving you do, where your car is parked most of the time, etc. When you put these factors together you can decide what kind of insurance is best. Most insurance companies are going to try and sell you Fully Comp. but this may not be the best type of insurance for your needs.
2) Use the search engines
When you use search engines (like Google, Yahoo! or Live) make sure that you are at the UK addresses of these different services. This is so that you can be guaranteed you will get local results, which makes your search so much easier.
The results of most of your searches will point you to comparison websites, which is great. But you might also want to do a search for blogs and forums around the cheap insurance topic, as well as article directories, and social bookmarking sites. All of these will produce results for you.
3) Comparison websites
As mentioned above, you will usually be pointed to a great deal of comparison websites when researching this topic on the internet. These sites give you a number of quotes from different insurance companies. The good thing is that you receive a number of quotes all at the same time, after only answering the necessary questions once. The site then pulls all the information together for you, so it can be much more convenient.
You do have to remember, though, that insurance companies pay to be on the database of these sites. Also remember that you may get a number of quotes but they are all from the same insurance company (or companies). The quotes are different because they're based on different packages or even criteria. Be on the lookout for this.
For these reasons, you should use more than one comparison website. Even two may be too little – you will need to look at five, at least.
4) Take the results and get hold of the insurance companies
Take the results you get from the above and go to the websites of the relevant insurance companies, or call or email them. Speak to them about specials and what they can do for you. Watch out for useless perks, talk to them about increasing your excess, find out what will drop your premiums, such as alarms, immobilisers, where you park your car, your mileage usage, and so forth.
But this is not really the case. There are many ways in which young drivers can get cheap insurance and can also keep their premiums low. What follows is a simple step-by-step guide to help you in this process of finding cheap insurance.
1) There are many kinds of insurance plans.
The basic three plans offered in the UK include Third Party Only (TPO), Third Party Fire & Theft (TPFT) and Fully Comprehensive (Fully Comp.). Each of these have their own advantages and disadvantages, and of course come at a different price. Your choice of which one depends largely on your car, how much driving you do, where your car is parked most of the time, etc. When you put these factors together you can decide what kind of insurance is best. Most insurance companies are going to try and sell you Fully Comp. but this may not be the best type of insurance for your needs.
2) Use the search engines
When you use search engines (like Google, Yahoo! or Live) make sure that you are at the UK addresses of these different services. This is so that you can be guaranteed you will get local results, which makes your search so much easier.
The results of most of your searches will point you to comparison websites, which is great. But you might also want to do a search for blogs and forums around the cheap insurance topic, as well as article directories, and social bookmarking sites. All of these will produce results for you.
3) Comparison websites
As mentioned above, you will usually be pointed to a great deal of comparison websites when researching this topic on the internet. These sites give you a number of quotes from different insurance companies. The good thing is that you receive a number of quotes all at the same time, after only answering the necessary questions once. The site then pulls all the information together for you, so it can be much more convenient.
You do have to remember, though, that insurance companies pay to be on the database of these sites. Also remember that you may get a number of quotes but they are all from the same insurance company (or companies). The quotes are different because they're based on different packages or even criteria. Be on the lookout for this.
For these reasons, you should use more than one comparison website. Even two may be too little – you will need to look at five, at least.
4) Take the results and get hold of the insurance companies
Take the results you get from the above and go to the websites of the relevant insurance companies, or call or email them. Speak to them about specials and what they can do for you. Watch out for useless perks, talk to them about increasing your excess, find out what will drop your premiums, such as alarms, immobilisers, where you park your car, your mileage usage, and so forth.
Wednesday, June 17, 2009
Is Cheap Insurance for Young Drivers a Myth?
Does cheap insurance exist, or is it merely a myth?
The truth is that there are, quite literally, hundreds of insurance companies in the UK, and many of these are looking to offer cheap insurance for young drivers. Where the problem is, for most of us, is we find it difficult to shop around for many reasons – we're too busy, or we honestly have better things to do.
But putting in some effort into shopping around for cheap insurance pays off in the end in a myriad of ways – especially your pocket. Your mates will definitely be envious of this fact, and any slog in finding cheap insurance now will be well worth it then.
Recent research shows that of the 34 million cars on the UK roads, motorists are losing approximately £1.9 billion pounds a year (collectively) on their insurance policy. In other words, motorists could be saving that money if they only shopped around and looked for a better deal. Many of us, though, will just grin and bear the heavy prices because we don't know where else to go anyway.
The truth is that just because, perhaps, you found a good deal with an insurance company last year, things change. You now can probably find an even better deal, but most of us would rather not go through the effort.
So, if you currently have insurance, you should phone your insurance company and ask for a re-quote. Your car has dropped in value in the last year or few months, plus you have added some mileage, and you can often benefit from this fact. You basically need to see what they would offer you if you were a new customer. New customer's get good deals because the insurance company wants their business – but this is no reason why you should suffer just because you have been with them for a while.
Now, if you have insurance or don't, consider the age and value of your car. Perhaps you should drop your cover from Full Comprehensive to Third Party Fire & Theft. If you are just getting in on the insurance market, consider whether your car really needs Fully Comprehensive – which is the kind of plan most insurance companies are going to try and sell you. Consider if you really need all they give you carefully before you make a decision. Sales people on the phone are trained to try and get a decision from you quickly.
Also, consider the age of your car now. Do you still need a Fully Comprehensive plan? If you calculate how much your car has dropped in value then you shouldn't be paying a very expensive premium price.
You should take advantage of no-claims records. If you have a clean record, especially as a young driver, then you should ask your insurance company what they are going to offer for you. Many insurance companies are now offering discounts as large as 40 percent if you can show a year's clean record. This means you can drop your premiums quite well within a year.
The truth is that there are, quite literally, hundreds of insurance companies in the UK, and many of these are looking to offer cheap insurance for young drivers. Where the problem is, for most of us, is we find it difficult to shop around for many reasons – we're too busy, or we honestly have better things to do.
But putting in some effort into shopping around for cheap insurance pays off in the end in a myriad of ways – especially your pocket. Your mates will definitely be envious of this fact, and any slog in finding cheap insurance now will be well worth it then.
Recent research shows that of the 34 million cars on the UK roads, motorists are losing approximately £1.9 billion pounds a year (collectively) on their insurance policy. In other words, motorists could be saving that money if they only shopped around and looked for a better deal. Many of us, though, will just grin and bear the heavy prices because we don't know where else to go anyway.
The truth is that just because, perhaps, you found a good deal with an insurance company last year, things change. You now can probably find an even better deal, but most of us would rather not go through the effort.
So, if you currently have insurance, you should phone your insurance company and ask for a re-quote. Your car has dropped in value in the last year or few months, plus you have added some mileage, and you can often benefit from this fact. You basically need to see what they would offer you if you were a new customer. New customer's get good deals because the insurance company wants their business – but this is no reason why you should suffer just because you have been with them for a while.
Now, if you have insurance or don't, consider the age and value of your car. Perhaps you should drop your cover from Full Comprehensive to Third Party Fire & Theft. If you are just getting in on the insurance market, consider whether your car really needs Fully Comprehensive – which is the kind of plan most insurance companies are going to try and sell you. Consider if you really need all they give you carefully before you make a decision. Sales people on the phone are trained to try and get a decision from you quickly.
Also, consider the age of your car now. Do you still need a Fully Comprehensive plan? If you calculate how much your car has dropped in value then you shouldn't be paying a very expensive premium price.
You should take advantage of no-claims records. If you have a clean record, especially as a young driver, then you should ask your insurance company what they are going to offer for you. Many insurance companies are now offering discounts as large as 40 percent if you can show a year's clean record. This means you can drop your premiums quite well within a year.
Tuesday, June 16, 2009
Getting Cheap Car Insurance Quotes for Young Drivers
Are you looking for cheap car insurance quotes? Well, probably by now, if you are a young driver, you have gotten a little frustrated with what is available to you through the mainstream routes. Unfortunately young people under 25 have to pay more for insurance because they are a higher risk (which is a statistical fact).
Perhaps you are wondering if cheap insurance actually exists? Well, the good news is that it does. The bad news is you have to put a little bit more extra effort in to find it. But you don't have to go too much out of your way to find cheap car insurance quotes for young drivers.
In the UK there are, quite literally, hundreds of car insurance companies. Some of these offer you specialised insurance, and cater for only particular sections of the market, such as insurance for women only, for modified cars, or for bikes or vans. If you can fall into these categories (for instance, if you are female) you should see what these specialised companies can provide you.
Some of them are also now specialising in providing insurance for young drivers. They are able to lower their prices through various plans offered to the young driver. And these are the kind of companies you want to try and find and get a quote from.
There are also three types of car insurance available to you. These three cover the stipulations of the law, which is why they are generally the only three offered in the UK.
The first of these is Fully Comprehensive insurance, which covers mostly everything if you are in an accident (depending on the policy) and also covers the car in the case of theft or damage.
The second of these is Third Party Only Fire & Theft (TPFT), which covers your car if it is stolen and covers the third party only in the case of an accident.
The last of these is Third Party Only (TPO), which is similar to TPFT except it does not cover stolen vehicles.
TPO is probably the kind of insurance that will appeal to you, especially since your car may be relatively inexpensive. Paying Fully Comprehensive on a cheap car is not worth it in the end.
Online insurance companies
Many companies are offering a ten percent discount on their website just for accepting the quote online. However, many insurance companies are also online businesses and these are offering great discounts to younger drivers. Since they are smaller companies, they need your business more than the bigger companies.
We tend to go for the bigger companies because they are known to be reliable, and we feel more assured that we are covered. But it is also widely known that they may have a lot more red tape when you claim.
So if you come across an online insurance company, check their reputation by doing some research at forums, blogs, or review websites.
The best place to find these sites is, obviously, through the same sites mentioned above or through comparison websites. The fact is that, since there are so many insurance companies in the UK, finding cheap car insurance quotes for young drivers is not impossible – it may just require a little extra research.
Perhaps you are wondering if cheap insurance actually exists? Well, the good news is that it does. The bad news is you have to put a little bit more extra effort in to find it. But you don't have to go too much out of your way to find cheap car insurance quotes for young drivers.
In the UK there are, quite literally, hundreds of car insurance companies. Some of these offer you specialised insurance, and cater for only particular sections of the market, such as insurance for women only, for modified cars, or for bikes or vans. If you can fall into these categories (for instance, if you are female) you should see what these specialised companies can provide you.
Some of them are also now specialising in providing insurance for young drivers. They are able to lower their prices through various plans offered to the young driver. And these are the kind of companies you want to try and find and get a quote from.
There are also three types of car insurance available to you. These three cover the stipulations of the law, which is why they are generally the only three offered in the UK.
The first of these is Fully Comprehensive insurance, which covers mostly everything if you are in an accident (depending on the policy) and also covers the car in the case of theft or damage.
The second of these is Third Party Only Fire & Theft (TPFT), which covers your car if it is stolen and covers the third party only in the case of an accident.
The last of these is Third Party Only (TPO), which is similar to TPFT except it does not cover stolen vehicles.
TPO is probably the kind of insurance that will appeal to you, especially since your car may be relatively inexpensive. Paying Fully Comprehensive on a cheap car is not worth it in the end.
Online insurance companies
Many companies are offering a ten percent discount on their website just for accepting the quote online. However, many insurance companies are also online businesses and these are offering great discounts to younger drivers. Since they are smaller companies, they need your business more than the bigger companies.
We tend to go for the bigger companies because they are known to be reliable, and we feel more assured that we are covered. But it is also widely known that they may have a lot more red tape when you claim.
So if you come across an online insurance company, check their reputation by doing some research at forums, blogs, or review websites.
The best place to find these sites is, obviously, through the same sites mentioned above or through comparison websites. The fact is that, since there are so many insurance companies in the UK, finding cheap car insurance quotes for young drivers is not impossible – it may just require a little extra research.
Monday, June 15, 2009
Four Tips in Getting Cheap Car Insurance for Young Drivers in the UK
Those who are young and under 25 in the Uk are finding themselves having to pay exorbitant amounts for insurance just because of their age group. Since the UK law demands that all cars on the road are insured, the situation may seem to be rather unfair and altogether hopeless. The only other option you have, besides insuring your car, is giving the Accountant General of the Supreme Court a £500,000 deposit, says the law.
People under the age of 29 are responsible for 50 percent of the cars on the road that are not insured, which are one in every 20. It goes to show that young people will rather risk it with the law than pay hefty insurance costs, which is understandable but not a good idea.
Does cheap car insurance for young drivers in the UK exist? And if so, where can we find it?
Cheap car insurance comes in two forms, basically. The first is in the form of actual insurance companies which will give you a good deal. These can be found and most of them are online, which makes them quite easy to find. Most of them are actually online-only businesses, and offer all sorts of plans and discounts for young people.
The second is by employing certain methods or tips that will help you to drop your insurance price. Here are a few that will help:
1) Try the Pass Plus course
A Pass Plus certificate can drop your premiums down from 12 to 35, or even 40 percent. Plus, the added benefit is it gives you much more confidence and ability on the road. Where this pays off is in the long run – many insurance companies like those mentioned above will give young people a quick no claims bonus if they don't claim in a year, or even provide a 40 percent reduction if they keep your record clean in the first year. Pass Plus would help you to do this, because you would be more confident and able on the road.
2) Raise your excess
This is a tried and true method that helps you drop your premiums. Basically, your excess is the amount of money you need to pay in if you have an accident or need to claim. The higher the excess, the less your overall premium will be.
3) Drive a modest car
Fast or high performance cars are not looked at favourably by UK insurance companies. Modest cars are better. Young people are, according to statistics, more reckless on the road and often more prone to be convicted for drink-driving, so you can understand why insurance companies are not so keen on high performance cars.
4) Keep the car secure
You can lower your premiums quite well if you install an alarm, immobiliser, or even a krooklock in the car. What's more, if the car is locked up in a safe garage or is safe during the day, you can also lower your premiums.
People under the age of 29 are responsible for 50 percent of the cars on the road that are not insured, which are one in every 20. It goes to show that young people will rather risk it with the law than pay hefty insurance costs, which is understandable but not a good idea.
Does cheap car insurance for young drivers in the UK exist? And if so, where can we find it?
Cheap car insurance comes in two forms, basically. The first is in the form of actual insurance companies which will give you a good deal. These can be found and most of them are online, which makes them quite easy to find. Most of them are actually online-only businesses, and offer all sorts of plans and discounts for young people.
The second is by employing certain methods or tips that will help you to drop your insurance price. Here are a few that will help:
1) Try the Pass Plus course
A Pass Plus certificate can drop your premiums down from 12 to 35, or even 40 percent. Plus, the added benefit is it gives you much more confidence and ability on the road. Where this pays off is in the long run – many insurance companies like those mentioned above will give young people a quick no claims bonus if they don't claim in a year, or even provide a 40 percent reduction if they keep your record clean in the first year. Pass Plus would help you to do this, because you would be more confident and able on the road.
2) Raise your excess
This is a tried and true method that helps you drop your premiums. Basically, your excess is the amount of money you need to pay in if you have an accident or need to claim. The higher the excess, the less your overall premium will be.
3) Drive a modest car
Fast or high performance cars are not looked at favourably by UK insurance companies. Modest cars are better. Young people are, according to statistics, more reckless on the road and often more prone to be convicted for drink-driving, so you can understand why insurance companies are not so keen on high performance cars.
4) Keep the car secure
You can lower your premiums quite well if you install an alarm, immobiliser, or even a krooklock in the car. What's more, if the car is locked up in a safe garage or is safe during the day, you can also lower your premiums.
Tuesday, June 2, 2009
What to Consider With Car Insurance for Teenagers
Every car on the road in the UK must be insured, as per the law. But insurance for teenagers can be incredibly expensive, especially because they are known to be more reckless drivers. This is not some form of urban legend, but statistics and research show that 17 to 18 year olds are much more likely to claim from insurance (over 40 percent of claims are within this age bracket).
Furthermore, teenagers and under 25's are more likely to be caught for drink driving, and most of these convictions are usually male. Generally, most accidents on the UK roads involve young people and are caused by young people.
The statistics are in favour of the girls, but generally with teenagers insurance companies are still not willing to take much more of a risk. The ladies are generally more careful on the road, will break the law a lot less, and usually don't drink drive. But nevertheless, car insurance for teenagers – girls and guys – is incredibly expensive.
Teenagers can look to getting cheap car insurance through doing a few things. Firstly, if they sign up with an advanced driving course (the Pass Plus is the most recommended) teenagers can get much more confident on the road and also can see insurance price drops of 12 to sometimes 42 percent.
The Pass Plus gives its students instruction in driving in different road conditions, different weather conditions, as well as motorway driving, dual carriageway driving, rural and town driving. All of these different scenarios are important to know, and having confidence on the road allows for long term benefits.
This is because many insurance companies are rewarding young drivers for having a good record. Many can claim a no claims bonus within a year, or see a 40 percent reduction in premiums just by having a one year no claims record.
Teenagers can also get cheaper car insurance by ensuring that they don't get themselves a high performing or fast car. Saloons are usually the best choice, as they are modest cars, and modesty is usually what the insurance companies like. (An added benefit is that you do save on fuel with these kinds of cars.)
By adding an immobiliser, alarm, or even a krooklock, teenagers can drop their insurance premiums even further. Like above, modified cars are not recommended.
Teenagers, or their parents, should also consider the kind of insurance cover available to them. Fully Comprehensive can be very expensive and is also usually not needed – the car may not be so expensive, so insurance could cost more than the value of the car. For this reason, Third Party Fire & Theft or Third Party Only are the best choice. In fact, usually Third Party Only is the best choice but at least with Third Party Fire & Theft the car is covered in case it gets stolen – which might also be a real possibility. But it all depends on the value of the car.
Teenagers, or their parents, should keep all this in mind when looking for car insurance.
Furthermore, teenagers and under 25's are more likely to be caught for drink driving, and most of these convictions are usually male. Generally, most accidents on the UK roads involve young people and are caused by young people.
The statistics are in favour of the girls, but generally with teenagers insurance companies are still not willing to take much more of a risk. The ladies are generally more careful on the road, will break the law a lot less, and usually don't drink drive. But nevertheless, car insurance for teenagers – girls and guys – is incredibly expensive.
Teenagers can look to getting cheap car insurance through doing a few things. Firstly, if they sign up with an advanced driving course (the Pass Plus is the most recommended) teenagers can get much more confident on the road and also can see insurance price drops of 12 to sometimes 42 percent.
The Pass Plus gives its students instruction in driving in different road conditions, different weather conditions, as well as motorway driving, dual carriageway driving, rural and town driving. All of these different scenarios are important to know, and having confidence on the road allows for long term benefits.
This is because many insurance companies are rewarding young drivers for having a good record. Many can claim a no claims bonus within a year, or see a 40 percent reduction in premiums just by having a one year no claims record.
Teenagers can also get cheaper car insurance by ensuring that they don't get themselves a high performing or fast car. Saloons are usually the best choice, as they are modest cars, and modesty is usually what the insurance companies like. (An added benefit is that you do save on fuel with these kinds of cars.)
By adding an immobiliser, alarm, or even a krooklock, teenagers can drop their insurance premiums even further. Like above, modified cars are not recommended.
Teenagers, or their parents, should also consider the kind of insurance cover available to them. Fully Comprehensive can be very expensive and is also usually not needed – the car may not be so expensive, so insurance could cost more than the value of the car. For this reason, Third Party Fire & Theft or Third Party Only are the best choice. In fact, usually Third Party Only is the best choice but at least with Third Party Fire & Theft the car is covered in case it gets stolen – which might also be a real possibility. But it all depends on the value of the car.
Teenagers, or their parents, should keep all this in mind when looking for car insurance.
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