Quotezone have a car insurance
price comparison engine which will let you compare quotes from a
wide range of brokers and insurance companies, and they will all
give you the choice of whether to pay the whole amount upfront
or whether you want to pay monthly. Because
companies that accept monthly payments sometimes charge
interest, and some charge more than others, sometimes the
cheapest company for full payment upfront will not necessarily
be the cheapest one if you are paying monthly.
Do bear in mind please that you need to check more than just the
basic price; if you plan to change your car within the next 12
months then check the policy to see whether or not there will be
a charge for altering your details in this way, and see what
excess you would have to pay in the event of an accident which
was considered to be your fault. Excesses have been creeping up
lately so make sure that the policy you choose has an acceptable
one, paying £500 so yourself towards a bump which is only cost a
few hundred pounds more, and losing your no claims bonus as well
as getting a large increase in premium next year may not be such
a good bargain. Speaking of no claims bonuses; beware of paying
extra for a protected NCB. What the insurance companies do not
tell you is that although your NCB next year may well be the
same if you have an accident this year, the basic premium that
it is based on will almost certainly rise considerably. Many
people think that a protected NCB means that there will be no
rise next year in the event of an accident; that is not the case
at all!
Please remember that if
you take on a monthly paid insurance policy and contract to pay
certain payments every month for the next 12 months insurance
company will, quite reasonably, expect you to keep to the
bargain. If you cancel before you have completed all the
payments you are more than likely to be charged a hefty
cancellation fee.
Quotezone's search engine allows you to check on how the cost of
policies will vary according to the maximum mileage that you
intend to drive over the coming year, and any voluntary excess
that you are prepared to take on. These can sometimes make a
very large difference to the premium, but sometimes they do not
so these are factors that you need to think about quite
carefully.
A number of insurers give you the extra option of having free
legal representation or a courtesy car in the event of an
accident. The first one may be worth having but think carefully
about paying extra for the courtesy car. If you are not
responsible for the accident you should be able to claim the
cost of this from the other driver's insurance policy anyway;
and a lot of insurers nowadays state that they will only provide
a courtesy car if they happen to have one available at the time!
This is no use, if you are going to pay extra for a courtesy car
it is better to make sure that it is a guaranteed one, rather
than one that may or may not appear on the day.
