Cheap Sports Car Insurance - Some Tips To Save Money For Those Who Like To Drive Fast
Lets face it, this is probably not going to happen. Sports cars are expensive to buy, to run and to insure. However, you can keep your premiums down if you take a few common sense measures.
Getting your insurance online is probably the easiest way to start saving. Companies offer discounts to people who purchase their insurance online, and it is very convenient for the purchaser as well. You can compare between policies quite easily on the Internet, and also receive quotes far more quickly than through the post.
Lower end or more common sports cars can often be insured for less, and are cheaper to buy so you win twice there. Once you have your car however, take the necessary security precautions to keep it safe. An annoying car alarm is an excellent investment, as well as imobilizers and a steering lock. Parking in a secure garage is also another way to assuage your insurers fears and persuade them to lower the premiums.
It’s not only for their benefit either. If your car is stolen then you will face an increase in premiums, so its in your best interests to keep it safe.
Otherwise, saving money on sports cars works in much the same way as saving money on any form of car insurance, be a good driver and keep a clean record. Insurance companies love clean records and will reward you with lower costs. Keeping the teenagers out of the drivers seat is always a good idea, you wouldn’t want them behind the wheel of your powerful beast anyhow, given that they are already four times more likely than adults to wrap the car around another object.
Combining your insurance over another car can help too, as well as combining it with house and contents insurance. The more business you send their way, the more likely they are to offer discounts.
Finding a good insurer may take a little bit of time, but it will pay off in the end, and surely you and your car deserve that.
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Car Insurance. Uninsured Cars To Be Crushed
Are you one of the one in twenty motorists who regularly drive without insurance? You’d better watch out - your car could be heading for the crusher and shipped off to the world’s biggest scrap smelter in China!
New powers now allow the police to seize, impound and crush any car found on the road without insurance. A pilot scheme was introduced in Durham last spring. Since then, police have impounded more than 1,200 cars. Of those around half have been crushed into cubes and packed off for smelting.
Operation Takeaway as the pilot scheme was known, has been such a big success, that police forces throughout the UK are enthusiastically polishing up their tow trucks. The scheme is now supported by a new national police database that’s supported by the insurance industry. It enables the police to check the insurance status of every car in the UK whilst they’re sitting in their patrol car.
Now if you’re caught red handed without car insurance you’re forced to hand your keys to the police at the roadside. There are no exceptions - this applies to everyone; it doesn’t matter if it’s just a forgetful mistake or conscious driving without insurance.
Then you’ll have to get your skates on! You’ve just 14 days to produce a valid insurance policy to the police and collect your car. And other costs mount up. Before you can collect your car, you have to pay the cost of kerbside recovery (around ?105) and the cost of secure storage - and that could easily amount to ?15 a day. So, if you leave collecting your car to the 14th day, you could be in for a bill for ?315.
And if you don’t reclaim your car, off to the crusher it goes!
During the pilot scheme, the cost of crushing the cars was partly funded by Direct Line. They have estimated that Operation Takeaway prevented up to 2,000 accidents. And many of the cars impounded by the police were found to be un-roadworthy.
A police spokesman said, ? Uninsured drivers are often guilty of many other offences. Such as having neither driving licence nor MOT certificate. We are doing everything in our power to get these dangerous and illegal drivers off our roads?.
Indeed, uninsured drivers are much greater problem than many of us would expect. The Department of Transport recently reported that 1 in 20 motorists regularly drive without insurance. Furthermore, research from the Association of British Insurers discovered that uninsured drivers are amongst the most dangerous on the roads. On average they cause one accident every six months and are three times more likely to be convicted of driving without due care and attention.
And who pays for those uninsured accidents? We do! The average car insurance premium is loaded by ?30 to cover the cost of damage caused by uninsured motorists. Across the UK that adds up to an extra ?500 million paid out each year by the law-abiding motorists!
But that’s not the end of our financial pain. If an uninsured vehicle collides into your car, it’s still recorded as a ?fault claim? on your policy. This means you’ll have to pay the excess when your car is repaired and unless you’ve got Claims Protection on your policy, your no-claims bonus will take a knocking. Over a two-year period, the reduction in your no claims bonus could easily cost ?275 in higher premiums.
The move to take cars off the road and crush them has been warmly welcomed by the Association of British Insurers. The ABI has long criticised the leniency of punishment handed out by the courts to uninsured motorists but they still want tougher penalties. Offenders are typically fined just ?150 to ?200 - with time to pay - and this is much less than the average car insurance premium. Surely this cannot be true justice!
Michael writes for Brokers Online who offer <a href="http://www.life-assurance-bureau.co.uk"> Cheapest Life Assurance Cover</a> and most UK financial services including <a href="http://www.life-assurance-bureau.co.uk/car-insurance/">car insurance and car insurance quotes</a>.
Auto Cover Rates Drop in 2005
The results are in and the Insurance.com 2005 Auto Medicaid Pricing Report shows that specific kibitzers experienced a forgiveness in 2005 from the grand operating expenses of coffin price rates. In the survey of 46 states, the District of Columbia and nearly nine million go-cart* insurance quotes provided by its customers, Insurance.com found an overall decline in the 2005 national average for auto overhead rates, secondary in a exceptional fall for over 21 states. That s a 2% decline from 2004, saving many regulations an average of $60 per unfortunate time. Despite the overall reduction, Insurance.com found marked states that normally enjoy lower auto insurance fee experienced an increase from 2004 to 2005. And states that experienced a rate decrease are still paying some of the highest car insurance rates in the country. These statistics start heaps* drivers wondering why, at a time when insurance pay are down, do so many states still feel a price crunch. It variegate out that where you live still plays a estimable role in how much you pay for auto insurance. For instance, New Yorkers paid an average of $3,165 for antique car insurance in 2005-a 3.4% decrease from 2004. And Louisiana residents paid an average of $3,100-a 4.9% decrease from 2004. However even with the rate reductions, cross the Rubicon states remain the most expensive states in the country for auto group medical Insurance. Due in part to the cities limited parking, inducement traffic population, and theft superlative and increase in uninsured drivers About 2005 Wheels* Output Evaluation Report Insurance.com s 2005 Control insurance rates and quotes Report highlights the average change in auto insurance premium enlightens. The tidings compares the average auto Insurance premium in 2005 bet the average premium for the full year in every state*. The information comes from actual auto insurance quotes consumers received from pour a constitutional of the modern man s leading auto group medical Insurance companies who participate on Insurance.com s comparative auto insurance platform. The quote information was collected from more than two million auto insurance quotes provided by Bottom line*.com to its customers in 2004 and rush seven million obligation quotes collected in 2005..
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