It's Out There: Affordable Car Insurance for the over fifties is Readily Available if You Know Where to Look

If you are female and looking for cheap car insurance it's easy, visit www.womenscheapcarinsurance.org.uk whatever your age. However, many people in the 50+ age bracket find it impossible to find a single vehicle which gives them the combination of performance, power, fuel efficiency and comfort they require for transport that suits their lifestyle. In this situation, buying a second car and adding it to your existing insurance policy is becoming increasingly common. When it comes to this particular type of cover, are there any ways of reducing the cost without compromising on the level and duration of the protection offered? We’ve discovered several methods of bringing policy price down whilst still finding a policy which meets your needs.

Look For Special Offers

Brokers want your business, particularly if you need larger amounts of cover than average. Some online searching will soon uncover significant discounts for second car policies. These savings may take the form of a “mirrored” No Claims Discount (NCD) for additional vehicles on a policy, a simple reduction in premium price or free months of cover when you purchase the product. Older drivers (advancing years does have its advantages) with a clean driving record and large NCD are in an extremely strong position to negotiate an economical deal. Don’t be afraid to ring up a broker or two and request a reduced price if you take out cover for a second vehicle. You’ll be surprised by what bargains you can get just by asking.

Alter Your Search Parameters

One of the enormous advantages which the online quotation process brings is the ability to easily change the parameters on which your quotes are based to see whether some tweaking can get you a better deal. If you’ve opted for third party quotes on the basis that less cover equals lower cost, try requesting quotes for a fully comprehensive policy. Paradoxically, comprehensive cover can often be cheaper. Try changing the location your vehicle is parked in every night, altering the mileage and describing your occupation in different ways. Whilst it’s crucial to always tell the truth when applying for cover, often making some simple changes to how you drive or where your car spends most of its time can make a positive difference. Take time to play with the parameters and see what advantageous results you can achieve.

Consider Other Insurance Options

Whilst putting a second vehicle on to an existing policy is common practice, there are other options which may be more suitable in some circumstances. If the additional car will only be driven occasionally, consider short term insurance cover (similar to annual insurance but valid for a much shorter period of time) or pay-as-you-go cover, where a flat rate is charged per mile. Whilst neither of these options is particularly economical for vehicles which are regularly driven, they can be cheapest for periodic journeys, perhaps during a holiday or for a one-off longer trip.

Leave the Car At Home Locked Up

Whilst your vehicle is in the garage, it can’t be out on the highway at risk of being involved in an accident! Take advantage of low mileage discounts by keeping your time behind the wheel to a minimum. As risk (and therefore premium price) increases the more the car is driven, using public transport where you can or even cycling over short distances can all help keep cover costs down. If you have to drive, avoid commuting, particularly during the peak hours when traffic is at its heaviest and the risk of an accident therefore highest. Although a stationary car won’t cause an accident, it is still at risk of theft; a leading cause of claims. Keep your vehicles safe by installing high levels of security including an immobiliser and a tracking device. Don’t store valuables in your cars and a locked garage is always the safest place to keep them. Putting these simple measures in place will go a long way towards reducing premiums on both your main car and the second vehicle you chose to add to your policy.

A second car for the over fifties often provides an economical option for shorter journeys and everyday trips, but this saving needs to be weighed against the additional costs of appropriate cover. Negotiating with brokers is vital to get an advantageous deal, as is doing all you can to minimise risks to your vehicles, both on the road and off it. If you’re looking to knock a significant sum off your cover cost, start searching here for deals that could leave you substantially better off.

 

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