Ireland is a country of dramatic landscape and exceptional natural beauty where people prefer to travel by car. Cars are, therefore, the most popular means of transport in Ireland. You need to get the insurance done and keep the protection on for safety purpose as road mishaps are common.
When your car insurance is due for renewal, you can save on the next premium to be paid. There are a lot of ways to do that, and only some extra effort is required. Stick to this list and follow these proven tips to save on your car Insurance in Ireland effortlessly.
- Arrange quotations from other insurance companies.
The moment you get a renewal letter from your existing Insurer start arranging alternate quotations from other insurance companies. The renewal letter gives a clear picture of the premium to be paid, given coverage, etc.
It becomes easy for you to compare and negotiate with other insurers and get the best deal once you have this renewal letter along with few alternate quotes in hand. Arranging the car insurance quotes are also easy, and you can get them online from https://www.theaa.ie/car-insurance.aspx or over the phone.
However, make sure to get the quotes in writing as verbal premium quotations have no value. Quotes are generally valid for a specific period to evaluate and decide quickly before they get lapsed.
- Chose the correct Insurer
If you are the owner of any old, exotics or modified cars you might face an issue with insurers, especially the renowned ones imposing a lot of claws and rigid rules to renew the insurance.
However, there are a lot of lesser known insurance companies available who not only provide insurance to your old cars, but you get a reasonable discounted premium too. It is therefore essential to choose the correct Insurer depending on the condition of condition and age of your car.
- Compare benefits along with the price.
When you need to renew your car insurance, and you arranged a few quotations to compare prices, look for the benefits in each policy against the offered rate. Don’t just buy or switch to another company simply because the price is low; they might be cutting down on benefits. Comparing benefits before buying is, therefore, an important step to save on your car insurance.
- Decide the Policy Co-payment or excess.
Every insurance policy comes with a system where you require to pay a certain amount when you submit a claim. This amount can either be fixed or variable as most of the policy offers flexibility in terms of the excess.
If you pay more excess, the premium becomes less and vice – versa. You can decide the policy co-payment terms or instead choose a policy offering a variable co-payment option.
- Find charges for Installment Payments.
This is an important tip, and in the long run, you can save on your car Insurance too. If you are planning to pay the premium in installment on a monthly or quarterly basis, there are some added charges attached to it. However, by law, insurance companies are bound to disclose you clearly about these additional charges. You can easily avoid these added charges if you pay the premium in an annual mode.
- Provide accurate information.
You may overlook in providing accurate information about your education, work profile, etc. while filling the policy form. These are essential information as the cost of premium varies because of this. For example, if you are a teacher and mentioned your profession as Sales, you need to pay more premiums as a salesperson is more on the roads compared to a teacher.
Likewise, if you have a degree, but you mentioned intermediate as your education, you need to pay more. Insurance companies believe an educated person has safe driving hands compared to those whose qualification is less.
There is no doubt about the fact that getting your car insured is necessary whether it's your car or you run a car-renting service in Ireland. In both cases, you have to think carefully about how to save on Your Car Insurance in Ireland. If you follow the list of these proven tips at the time of renewing your car insurance or getting a new one, you can save a lot.