Consumers have been slammed with steep car insurance price hikes over the last 12-18 months. It’s never been more important to seek out the best deal – but how can you be sure you’re getting a fair quote?
Managing Director of Coverinaclick.ie, Jonathan Hehir said that by simply posing the right questions when renewing your policy can lead to serious savings.
When it comes to shopping around, you should ALWAYS ask the following:
1. What’s the price of comprehensive vs third party?
Check the cost differences between comprehensive and third party fire & theft. It might not make financial sense to pay the difference depending on the value of the vehicle. Only pay for the cover you require – if your car is old or in relatively poor condition, there’s little point in having comprehensive cover.
2. Is there a discount for extra security features?
Additional security features can make a difference. Make sure you tell your broker if you have an alarm, immobilizer or if your car is kept in a garage – it all adds up.
3. Is there a discount for having more than one policy with the same provider?
Ask your insurance company if you are eligible for a discount if you have more than one policy with their company. You may find the more policies you have with them, the more money you save. Coverinaclick.ie specialises in these kinds of discounts. By bundling all your car insurance policies together, we can get you the best car insurance rates and discounts. Our Multicar insurance discount is specially designed for families, couples with two cars, and car enthusiasts.
4. Will adding a named driver impact on the cost?
Try adding a driver to your policy. For example, in a lot of cases the insured and spouse/partner rate is lower than the insured only.
5. Is there a discount for insuring two cars with the same provider?
If there are two or more cars in the family, try to get them both with the same insurer. Some companies offer significant second car discounts.