How Much Is Car Insurance?

The answer’s simple – as expensive as you want to make it because you are the one of the key factors in deciding the cost of the premium for the insurance company.

Your attitude towards your car

If you have modest means but need to put a car on the road, you probably look for a bargain and insure the car for third party only, the cheapest form of insurance.

This is because you know the car is worth nothing and if you have an accident or it’s stolen, you are better off putting your cash in to a replacement rather than sending good money after bad.

Basic insurance cover keeps you legal and means you can tax and MoT the car, and as long as you can get from A to B for the least cash possible, that’s fine with you.

Other drivers with shiny, expensive cars like to keep their vehicles in pristine condition and have no intention of scrapping them if they have an accident because the cost of repairs is far outweighed by the value of the car.

These drivers tend to go for comprehensive cover with lots of bells and whistles, because they don’t want any hassle if they have an accident, they just want the insurance company to send them a courtesy car and send their car back when it’s repaired.

The way you drive your car

If you have lots of penalty points on your licence and a long claims history with car insurance companies, your car insurance premium is going to be loaded because the insurer perceives you as more of a risk than a more careful driver with a maximum no claims discount and no penalty points.

How you shop for insurance

Another reason why drivers tend to pay too much for their insurance is complacency when renewal time comes round every year.

Too many accept the quote from their existing insurer without investigating whether they can find a better deal elsewhere, like an insurance comparison site like ours.

All you need to do is key in a few basic details about yourself, your car and your driving history and we’ll come up with some car insurance options for you to compare – including the policy features and benefits.
Insurance companies are in a competitive market and some may offer incentives to switch to their company.

You don’t have to be what you drive

You don’t have to accept what a car insurance company puts in front of you. You can bite back by changing your attitude towards insurance and not just sit back and take what’s offered.
Look at ways to reduce your insurance costs.

Question the add-ons on your policy

Do you really need a courtesy car – would it be cheaper to pay an extra premium on a relative’s car for a couple of weeks?

What about a voluntary excess? This reduces the insurer’s risk and drives the cost of your policy down.

All these little savings add up in to a reasonable slice off your insurance.