Each insurance company uses different rules, guidelines and requirement in calculating the insurance premiums and you would therefore need to do your research online to get the right lowest car insurance rates available in the market. It is possible to save money and get the lowest car insurance online if you just follow these simple steps.
- Equip your car with some of the following safety features and you will immediately attract a discount. Air bags, anti-lock brakes system and automatic seat belts available in newer car models are some of the fittings that insurance companies will offer discounts. A car alarm security system installed can mean getting the lowest car insurance rate with discounts ranging from 5%-25% of the theft portion of the premium.
- The make and type of car you are insuring will influence the price rate. High performance cars like sports cars have higher rate of premium.
- Increasing the excess amount to be deducted in case of a claim by taking a bigger responsibility towards a claim gets you a lower premium.
- Being accident free for a period of time is also another advantage at lowering your premiums. A no claim bonus entitles you to a discount.
- Consolidating all your other insurances like home owner and fire under one insurer also attracts multi policy discounts.
- Some companies do offer new car discounts, while others will discount the rate if you renew an existing policy at same terms. However on the other hand changing to a new insurer can also mean lower rates as a way of attracting and capturing new business
Below are other factors which will help you getting an inexpensive car insurance rate to make it possible to find affordable auto insurance.
* Good credit score
* Location where you pack your car overnight (lockable garage)
* Your age and gender
* The Address where you live
* Type of occupation
* Expected car mileage
* Tickets and accidents on record
* Clean driving record
Every insurance company have their own way of calculating the premiums. However if you work at qualifying on some of the above discounts measures you can enjoy some of the lowest car insurance online.