There are a few things to keep in mind if you want to get a classic car insurance. Sometimes it can be a bit challenging. When it comes to renewal, some thing may not be the same. This is why your provider’s criteria may have changed, or because the insurer removed a new customer discount, or you simply moved to a high-risk address.
It will cost you a lot to renew it. We’re here to tell you a few tips on how to get a cheaper insurance.
You need to limit your mileage
If you limit the number of miles that you drive every year, and then give an accurate estimation of that mileage, you’ll get a better price.
You need to pay annually
Some people find it more convenient to pay monthly, but if we take a look in the long term, it’s more expensive than paying it once a year. You can save a lot of money if you pay in one go.
You need to improve the security
If you improve your car’s security, then you might get a lower quote, but you should check if your insurer recognizes the extra security in his plan. Take into account alarms, wheel-locking nuts or immobilizers.
You need to increase your voluntary excess
If you choose a high voluntary excess when it comes to your policy, then the price should be reduced on your insurance. However, you need to keep in mind that if you make a claim, you will have to pay that excess before you get back your car.
You need the no claims bonus discount
All the insurers reward drivers that are claim free – they reduce their premium, so this thing can help you a lot in getting a cheaper policy.
You need to make sure you need those Add-ons
It’s best if you take some time to think about those add-ons that you want to get when you buy your car insurance. See if you really need them. We’re talking about a courtesy car cover, legal assistance, windscreen cover. Before you make a decision, it’s best to see if you actually need all of these.
You need to know the types of cover
If you drive an older car, that is not worth as much as you thought, then you might need a theft policy and fire policy. Don’t get for the comprehensive cover if you want to save money. However, keep in mind that all third party-based products don’t offer the cover level that you need, and they’re not cheaper than the comprehensive options.
You need to take care of it when you park it
If you can, it’s best to park your car in a secure garage and leave it there overnight, or in your driveway. It’s a good idea to keep it off the road, since it lowers the chances of having your car being stolen or vandalized.