Menu

 

Car Insurance – new style policies cut the cost. Part 2

Summary

Insurers are searching for new ways to bring down the costs of car insurance cover. Here are some of the ideas they've come up with.

Author: Dot Piper

It all sounds slightly confusing and you have to consider what you're missing out

Car Insurance. How can you lower your premiums?
A wide range of aspects affect the cost of your car insurance some you can influence and some you cant. This article introduces the reader to 9 aspects within their control and recommeds the Internet as a way of getting an overall discount.
Car Insurance Gearing Up To Drive Down Costs
Some comments on pay as you go car insurance and how the internet shopping is helping drive down prices.
Car Insurance. Uninsured cars to be crushed
Uninsured drivers are having their cars confiscated and crushed. Harsh treatment? This article thinks not!
Car Insurance. Premiums driven down by the Internet.
The Internet is having a big effect on the price of car insurance. But it still pays to shop around.
Car Insurance. Optional legal expense cover is well worth the extra.
Opt in for legal expense cover. Why and what does it cost? This article explains.
Car Insurance – new style policies cut the cost
Insurers are searching for new ways to bring down the costs of cover. Here are some of the ideas they've come up with.
Life Insurance News
on in the way of cover. It is possible for the more conventional fully ( cheap mortgages ) comprehensive policy to be reduced if you're willing to sacrifice some of the cover or pay a higher excess. These deals are available on-line and easily accessible, but why tie yourself to one company? If you search on the internet for a car insurance broker and are specific about your needs, they'll do the research and come up with the right deal for you.

Older drivers have car insurance problems too. The Government may be considering whether regular ( term assurance ) eyesight and certain other medical checks should be carried out three yearly. The Association of British Insurers have requested this as they feel that with declining eyesight and age, responses could be slower and therefore older drivers could be more at risk of accidents. Age Concern, a charity representing the elderly, argues against this, believing that fitness to drive should be based on skill, not age.

The Association of British Insurers report that in fact older drivers have more accidents per mile than drivers in middle age and also state that there is a higher likelihood of injury or death resulting from a crash, both for them and other road users.

From the age of 60, car insurance premiums will start to rise as underwriters begin to get wary of ( life insurance adviser ) taking on new clients. The AA tell us that, as an example, a woman of 21, who pays a premium of £326, will find it reduced to £197 at 60, but by the time she reaches 80 the cost will be £460. There are policies designed to serve the needs of older people, Age Concern, Saga and Help the Aged are just three of them, but again, if you contact an on line broker, they'll have all the facts and be able to offer help on this.