4 Guidelines To Finding The Cheapest Car Insurance

On this page, I've explored and come up with your 4 step guide to making sure you will get cheap car insurance on-line with the minimal effort.

Step 1:Lower your risk category

Step 2: Combine comparison sites for the best search

Step 3: Get cashback and haggle

Step 4: Bookmark next years renewal

Step 1: Getting the right cover

Insurance policy premiums rely on the insurance company, the level of cover plus just how risky you are perceived to be. Therefore start by determining the cover and ensuring you're as low a risk as possible.

Details often aren't as straightforward as you assume, for instance counter logically fully comprehensive cover could be cheaper than 3rd party policies, so always verify.

Beware monthly repayment plans

Beware 'pay monthly' alternatives - usually the insurer actually simply loans you the annual cost and after that charges interest at hideous rates on the top. So either pay fully, or if you cannot afford it, use a charge card which has a lower APR rate (or better still, a % debit card for spending ensuring your repayments are big enough to pay off it within a year.)

Tweaking your job description in order to save money

Insurance companies decide prices based on historic risk assessments, as well as your occupation plays a vital part in this.

Step 2: Correctly combine comparison sites

Comparison web sites zip your details to hosts of insurers' and brokers' sites, scraping their data off the screens to report back the cheapest. Yet as they don't all compare the identical websites, to be able to maximise the spread of quotes, you need to combine them, so we've analysed the order that gets you the max. quotes in the min. time

The truly record breaking savings result from following the complete four step plan; using the comparison web sites above then checking for hidden cashback as explained in step 3 which can be in the ?100s.

However for a fast hit, 2 comparison web sites offer ?25 cashback automatically when you compare then get a insurance policy through them. These websites consist of less insurance providers than those above but argue the cashback makes up for this. Both sites do not have a general advertising opt out so you'll probably get follow up telephone calls and e-mail. The sites are:

Beatthatquote: You'll only obtain the cashback via specific backlinks such as this, you won't get it direct, which you need to claim sixty days after choosing a policy.

MoneyExpert: This smaller site has set its default excess to ?400 and includes some assumptions, so be careful to look at the quotes are best for you.

If you're following the full system, it's worth checking these sites anyway, because they add more than 20 providers on the comparisons above and give you a decent benchmark for the cashback available. Though only using these leaves you over fifty short of these two above.

Once you have found the cheapest

Once you've seen the cheapest from your screenscrapers; there are 2 important checks to make:

Double check the quotes

Click through to the insurance provider's own web site to double check the quotes, as to speed up searches some comparison sites make a few assumptions.

Examine the policy's coverage

Verify whether it's appropriate. So if you want "free car hire" if your car is being fixed, is it included? Plus while you're there it's worth messing around with the insurance policy details to determine if you're able to finesse the cost down; go through the excess, and whether adding drivers cuts the cost.

This tool by Find* allows you to check the coverage of two different polices side by side.

The top cashback deals

Once you know who your cheapest provider is, you need to check there aren't any hidden cashback deals, these can be as high as ?120. If your second or third cheapest quotes weren't too much more expensive see if cashback's available for them too and find the overall winner.

The step-by-step list below takes you through a variety of options to improve your deal.

Step 1: Check cashback websites

These sites carry paid links from some retailers and financial services providers; in other words if you click through them and get a product they get paid. They then give you some of this cash which means you get the same product, but a cut of its revenue.

Yet be warned, until it's in your bank account, this cashback is never 100% guaranteed, and getting the right policy is always paramount. Therefore never simply choose based only on cashback, see it as a potential added bonus once you've picked the right cover.

Those new to cashback sites, should ensure they read the Top Cashback Sites guide for pros and cons before using them. Otherwise use the Cashback Sites Maximiser tool to find the highest payer for each insurer.

Though beware if you've used comparison sites first, the cashback site may not track unless you clear your computers cookies. Further information on deleting or controlling cookies is available at AboutCookies.

Step 2: Get ?25 cashback via comparison sites

If cashback sites don't list your insurer then comparison sites Beatthatquote* (only via special links like this, not direct) and MoneyExpert* both pay ?25 cashback if you compare then get a policy via their sites.

Step 3: Check special deals

If you can't get cashback it's worth noting a few companies have special deals not mentioned by comparison services. These currently include (listed alphabetically):

Aviva: Buy Aviva* car insurance online and get a discount of up to 15%. While not that competative an offer, as Aviva isn't included in comparison sites it's worth getting a quote.

Beatthatquote, via Argos: Argos (which uses the Beatthatquote comparison) is giving a ?30 giftcard for buying insurance via its site.

Be Wiser: Insurance broker Be Wiser* is giving free RAC membership for policies bought via its website.

Confused: There are two offers (one only can be given per policy) for buying via Confused, although you need to get a quote via its partner sites: 1000 Nectar points (worth ?10); ?20 Matalan voucher for Matalan reward card holders. The Matalan card is free but you need to buy the policy in one transactions, eg not save the quote to come back later.

Direct Line: Direct Line* has a '52 days free insurance' offer, equivalent to 14% off, for new customers until 30 June 2010.

TescoCompare: Buy your car insurance via TescoCompare* and you'll get a free lost key recovery service for 1 year (RRP ?9.99). Read the terms and conditions.

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Here, I've searched and come up with your 4 phase self-help guide to ensuring you will get the cheapest car insurance policy on-line with the minimal effort.

Remember: Smart People Budget #insurance #carinsurance #compareinsurance #cheapinsurance ( http://www.budgetinsurance.com/Car-Insurance/ )

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