One of the expenses that car owners can’t avoid is car insurance. Car insurance is a requirement if you want to drive a car in Nigeria. One of the most tedious steps of the process is to get car insurance quotes from various insurance providers. Auto insurance is one of the major expenses for motorists who already need to pay for the vehicle’s maintenance and high fuel prices. Below are some of the tips that can help you find cheap car insurance quotes.
Compare Different Car Insurance Quotes
One of the most effective ways of reducing the amount you need to pay for the vehicle insurance is to shop around. More often than not, insurance companies don’t offer the best deal for existing customers. Instead, they provide the lowest possible prices for new clients. There are various ways that will allow you to compare quotes from various companies. Just make sure that you are comparing policies with the same coverage, and voluntary excesses at the same level as well.
Add More Excesses
When looking for car insurance quotes, it is important that you opt for higher voluntary excess. This will help reduce the premium of the policy. The higher the excess, the lower the insurance premium! Just make sure that you can afford your voluntary excess. If you need to make any insurance claims, you will be required to pay the excess first before the insurance provider pays out.
Think Before Adding Extras
Before adding extras to car insurance quotes, you should think carefully about them first. Some of the extras that you can get include windscreen cover, use of a courtesy car, and legal expenses cover, just to name a few. The extras might come in handy in some instances, but they are not necessary. Adding too many extra features will significantly increase the price of the car insurance policy.
Estimate the Distance You Drive Each Year
Before you look for car insurance quotes, you should estimate your yearly mileage. That way you will be able to decrease your annual mileage cap. This is another source of savings. This is helpful especially if your household has two or more cars, where one of the cars is used more often than the others. Be sure to check the odometer of your cars when looking for auto insurance.
Don’t Opt for Direct Debit
Car insurance companies often say that it will be convenient for car owners to pay via direct debit. While it might seem less painful to pay the premium by installments, it will cost you more in the long run. Insurance companies often charge interest when customers chose to pay their insurance monthly. Ask the insurance company if they allow zero percent purchase credit card to pay for the insurance premium. That way you don’t need to pay insurance even if you opt to spread the cost of your insurance. This is one of the questions you need to consider when looking for car insurance quotes.