What about the internet? It really is worth giving it a try. Do you know
that, if you shop around you could, on average, save around £55, plus the
extra online discount? It is estimated that more than 2.25 million car owners
purchase their car insurance on line now. The internet is fast and simple to
use and internet sales are generally growing amazingly quickly.
Apart from the straightforward individual car insurance, new categories of insurance are coming on to the market. There are pay as you go options
and multi-car policies. These used to be difficult to obtain unless you were in the car-trade. It certainly seems to be time to re-assess what's available in the car insurance line
and get yourself up to date on what's on offer. A short time browsing the internet will get you thinking along the right lines.
A word of warning though; The AA's Ian Crowder says "If we don't
start to see modest price increases, then there could well be an unpleasant
and sudden price hike. This will not be good for the industry's reputation or
out customers." Insurers are beginning to show signs that they may not be able
to continue to hold down prices for very much longer.
Claims are accelerating. The average cost of accidental damage repair has
risen, costing an additional 5% per year, despite the fact that there are
fewer accidents. Claims for personal injury are rising fast and the cost of
settling these is rising at around 12% per annum.
Car insurers really want your business; they will be extremely competitive
with pricing in order to win you over. There are around 100 of them in the UK
and due to the strong competition in the industry; prices have held level for
the past year or so. You can go to the individual insurers websites,
comparison websites or use one that recommends specific insurers for different
types of driver, whether they be the in the young, higher risk category or the
experienced old driver with years of proven safe driving behind them.
You will receive instant results and an unbelievable amount of advice and
information. You'll be asked to fill in your relevant details, for example the
number of years you've been driving, whether there are any convictions, number
of years of "no claims" for your discount. All easily answered and your no
claims details should be on your renewal notice.
