According to the series of television and radio adverts that promote price comparison websites across the globe, saving money on car insurance has never been easier. This is not entirely accurate, however, especially when you consider the current economic climate and each drivers own individual history. While it is certainly possible to save money on car insurance and annual premiums, it requires a certain amount of diligence, patience and attention to detail.
Cutting the Cost of Car Insurance: How to Do it Right
So if saving money on car insurance cannot be achieved simply by visiting a handful of comparison websites, what practical steps can you take to achieve the best possible deal? Keep the following ideas in mind: –
1. Conduct a Comprehensive Online Search: When price comparison websites were first developed, there was a clamour among service providers to have their details included. This is no longer the case, however, as numerous market leaders have sought to distinguish themselves by removing themselves from these cluttered and crowded online spaces. Therefore, you cannot conduct a comprehensive search of insurance prices without visiting the websites of well respected and independent service providers, so it is important to think beyond price comparison sites and make the most of the World Wide Web.
2. Be Patient When Farming Quotes & Engaging With Providers: Another common piece of advice for those seeking cheaper insurance is to solicit a number of alternative quotes, but this only works if it is done in a structured and considered manner. By adopting a patient strategy and waiting approximately six months between farming individual quotes, insurance providers are more likely to consider you as either a new or ‘not returning customer’. This will give you access to the most competitive discounts and promotional offers, and assist you in making significant savings.
3. Be Prepared to Negotiate: Just as service providers are entitled to offer promotions at their discretion, you too have the right as a consumer to negotiate the fairest deal possible. This applies across every single industry and market sector, and your ability to negotiate may prove crucial in determining the quality of the deal that you are ale to achieve. Whether you are looking to invest in a single insurance policy or purchase items in bulk, negotiation is a viable tactic that can achieve tremendous rewards. This is especially the case when dealing with established British and Irish car insurance companies, as larger firms are more likely to respond positively.