You’ve just purchased a new car and you now need to insure it. At Infiniti Online, we understand that insurance can sometimes be difficult to deal with. Which is why we’re here to provide all the information you need, to help you get the insurance you want.
If you’re buying car insurance for the first time, there are several aspects to consider. The cost of your insurance depends on certain factors such as:
- The model of car you drive
- The security you have
- The area in which you live
- Who owns and drives your car
- Insurance combinations
How to qualify for cheaper car insurance
You’ve already had a look at some car insurance quotes and even shopped around at different insurance companies, but the insurance still seems beyond your budget. Here’s how you can qualify for cheaper insurance.
The car you drive
Generally, a smaller car means cheaper insurance. We also need to take into consideration your car’s value and engine size. Bear in mind that certain cars come with specific insurance requirements. For example, if your car’s value is above a certain amount, or if it is a performance-class car, you may need to have a tracking device fitted in order to qualify for insurance.
Also bear in mind that insurance is mandatory if you sign a hire-purchase agreement.
Start by choosing a car you can afford to maintain – the costlier the car, the more expensive the premium. When you’re making your choice, select a car that comes with a decent factory fitted security system. Enhanced security means your car is less likely to be stolen or broken into, which lowers your insurance risk profile. Have your car fitted with a tracking device to qualify for cheaper premiums, no matter the model.
The area in which you live
The location of your home as well as your daily commute are taken into consideration in determining your insurance premiums. Individuals who have shorter commutes are less likely to be involved in accidents, in comparison to those who spend longer on the road. If you live in a high-risk area, your car is more likely to be stolen or broken into while parked overnight. Parking in a garage also decreases your risk. These factors can affect your insurance premium.
The type of cover you choose
Understanding what you’re covered for is vital when choosing a policy. Make sure you choose the right type of cover to suit your needs. Remember that Infiniti Online will offer you a sizeable discount on your premiums if you combine car and household insurance.
Different types of car insurance
Third-party insurance policies help protect other people or vehicles when you are at fault. If you happen to hit the rear of someone else’s car, your third-party policy will cover the cost of the other person’s expenses. This is easy on the budget, but you will personally need to cover the cost of your own repairs.
A third-party, fire and theft policy will also cover you if your car is stolen, or damaged due to theft, attempted theft or fire.
Comprehensive insurance includes third-party insurance as well as theft and fire. In addition, this type of policy covers accident damage and makes sure you’re covered in case of unforeseen events. The cover also extends to include your windscreen.
Infiniti Online also offers automatic additional cover with your car insurance, at no extra cost, as long as you have comprehensive cover
Finally, don’t forget that if you use your car more as a business vehicle, which includes going for meetings more than 4 times a month, you can opt for business car insurance.
Consolidate your policies with one company
Many people have separate policies on their houses, cars, jewellery and even costly gadgets. The smarter way of doing insurance is consolidating all your policies into one. It’s less time-consuming, less stressful, and will save you money in the long run.
Now that you’re up to date with how to qualify for cheaper insurance, get up to date with your insurance – you can do it all online, right now, at Infiniti Online.