Although we live in recessionary times there are certain life expenses that we should not cut back on and Car Insurance is one of them.
There are moral and social obligations surrounding taking a car out on the road. Therefore we should all take responsibility to drive with due care and attention, to not drink and drive and to purchase car insurance to cover us, our families and other road users (plus their families) should an accident occur. Although it's illegal in this country to drive without insurance, that fact unfortunately does not deter some people from doing so.
Car insurance is an extra expense, on top of many other expenses for families these days, that we may well feel we could do without. While we can't cut this expense entirely we can certainly reduce the amount that we pay. It's a competitive market out there and there are savings to be made by shopping around. We saved approximately €100 by ringing around the various Insurance companies this year. This is relevant advice at any time whether or not we're sheltering from a celtic tiger's roar or a recession's gloomy cloud!
When purchasing car insurance the onus is on the purchaser to ensure that they obtain the level of cover appropriate to their needs. Consider things like windscreen cover and step back protection to protect your 'no claims bonus' . Personally that is something that I consider of importance. Piece of mind to know you won't lose all the bonus you've earned over the years.
These days I find it absolutely essential if a tad mind-boggling to examine all aspects of every Insurance policy we purchase to see where we can make some savings. Again, this is something we should always do and can be really worth the effort.
One area that may provide some savings is the value you insure your car for. Cars depreciate in value so every year I check to see whether or not a reduction in value will put us into a lower bracket that may reduce the overall cost of the policy. This is worth considering and you can check the current value of your car by phoning a garage or dealership..
Having a car alarm/immobiliser fitted to your car can also reduce your insurance costs.
Although it's not something that comes up when purchasing Insurance I do think that regularly servicing your car and monitoring the condition of tyres (especially when going on a long jorney with a fully laden car) is of utmost importance.
I must admit that I abhor the moral and social irresponsibility of people who drive without Insurance. However, I also abhor the dishonesty of some victims of accidents who exaggerate (or even fake) their injuries in order to make a claim. When they do so they do precisely what that infamous ad says... they put their hand in your pocket, thereby increasing insurance costs for everyone.
My advice? Drive carefully, play fair, shop around ..... and get car insurance.
How about you? Do you have any car insurance tips?
Note: This is a sponsored post, thank you for reading.