Author: Michael Wade
Source: articlesbase.com

Having a car is having freedom. You have the ability to come and go as you please, visit places of interest and generally commute with ease and convenience. Your car is your responsibility, one that comes with many rules and regulations, and one rule is that it is the law to have motor insurance while in the U.K. Even though we don’t have much choice in having motor insurance, we do have the freedom to choose the type of cover and above all the price we pay for it. There are a few factors that can influence your car insurance quote, these are: Your car: Your choice of car has a lot of influence on your premium. Insurance companies will take into consideration: 1. The age of the car 2. Current value 3. Engine size 4. Current mileage 5. Insurance group 6. Security systems 7. Colour 8. Modifications Insurance premiums will be affected by how desirable your car is to thieves. This goes for the type and popularity of the vehicle, attractive modifications such as alloy wheels and even the colour. Area: Insurance companies are also interested in the area of where the vehicle is likely to be kept. An area where car crime is high will drastically affect your quote. The same can be said with the value of the area, insurance companies may wish to charge more for higher valued areas. License: Points or any motoring convictions will have a negative impact on your insurance quote. However improving your driving abilities and gaining the relevant experience will have a positive impact. You can take advanced driving courses in order to reduce your premiums. The time you’ve held the licence will also benefit you, even if you haven’t made use of it, having a licence for more than 3 years will reduce insurance costs. Track record: Any other criminal convictions or records could also affect your quote; insurance companies try and work out how responsible you are and how much of a liability you are likely to be. Keeping a good driving history and credit rating can also help cut costs. Making few claims or none at all is a major factor, accidents are unavoidable, however you can judge if its worth making a claim for something that can be done off your own back. Your credit rating can affect the premium if you are planning to pay off your payments on a monthly basis. Policy: Your policy should be chosen carefully to avoid unnecessary costs. Always search around for the best deals. Some companies offer multi product discounts, so if you already have a home insurance policy with someone, its worth seeing what discount you can get on your car insurance. The overall cost is also dependant on the type of cover you need, the amount of miles you are likely to cover in the year and whether you pay for your insurance in instalments or in one. Drivers: More drivers on a policy or young and inexperienced drivers will affect the cost. However a older more experienced driver added on a policy can actually reduce your premium. Extras: All added extras on a policy will bump up the price, so ensure that you only opt for the benefits that you need or may need. Having a higher voluntary excess will cut costs. Use the internet for car insurance comparison. There are a fair few factors that can affect your car insurance quotes. Be thorough when searching for classic car insurance.

An author from North Wales