If you are a driver in the city of Birmingham, there is no shortage of places to go in order to escape the hustle and bustle of everyday life in the city. Its proximity to the capital, London, (only 1hour 25 minutes) means that it is not difficult to live in Birmingham and drive to work in London every day. If you are on your way to Stratford-upon Avon, the home of Shakespeare, it is only 45 minutes via the M42 and M40. This means that out-of-towners can spend a night or two in Birmingham before resuming their trip south.
As a driver, you certainly know how vital car insurance can be. Just as important as it is to understand how car insurance can protect you from financial disaster, so too is understanding all the factors to consider when shopping for cover. Doing a bit of research beforehand goes a long way in saving you a lot of stress.
There are some factors to consider when looking for car insurance in Birmingham.
The type of car
If you own a top of the range vehicle, then you are likely to be charged more by the insurance company due to the high costs of repairing your vehicle. In addition, insurance companies in Birmingham have their own ways of using statistics to assign cars with safety ratings and determine which cars are more prone to accidents.
This is also an important factor to consider before you set out to shop for car insurance in Birmingham. Even if you are happy with your current insurance premium, there is almost always further money to be saved by comparing insurance quotes in Birmingham.
If your car has anti-theft systems or has a lot of safety equipment, you might qualify for a discount on your auto insurance. If you have an existing policy and you want to add a new car to that policy, you might be eligible for a multi-car discount.
Your driving record
You are likelier to find cheaper insurance in Birmingham if you have not caused any accidents or been issued with traffic tickets. In fact if you have an extremely bad driving record, you might struggle to find an insurance provider for your car. A high-risk driver translates to a more expensive policy.
The type of coverage
To save yourself a lot of money in the long run and have peace of mind, it is important to choose the right type of insurance cover. The standard third party liability insurance only pays for damages to another person or property as a result of an accident caused by you. Comprehensive insurance covers damages to your car in addition to those of another person or his property. Damages to your car might also include incidents like vandalism and theft.
If you are looking for car insurance in Birmingham, do not overlook this provision. Excess is the minimum amount that a claim must reach before the insurance company becomes liable. This means if the excess amount is 500 pounds, the insurance company will only pay anything above 500 pounds.
If you are a young driver in the city of Birmingham, your car insurance is likely to cost you more. This is because the statistics show that younger drivers are much more likely to be involved in road accidents than drivers aged 25 years and above. Insurance premiums are calculated so as to reflect those statistics.
Whether you are young or older, male or female, here are some steps you can follow to get cheaper insurance in Birmingham
Secure your car
A car fitted with a tracking device or an approved alarm may attract a discount of up to 5%. Check if your car has any of these and declare them.
Accept a higher excess
Accepting to cover more of the cost of accident repairs will you save you some money on your insurance premiums. If the accident is not your fault, you can be able to recover the excess. However be careful not to take on too much excess as you need to be able to afford to pay that amount should you be in the unfortunate situation.
Take your time to find the best deals
When renewing your cover, shop around to see if there are cheaper options available. But be careful not to take a policy that seems cheaper as it may not have the same level of cover.
Avoid car modifications
Things like body kits and alloy wheels may appeal for people looking to personalise or modernise their cars but they add to the cost of insurance. If you want cheaper insurance, avoid them.
Extra driving qualifications
This is another way to qualify for cheaper insurance especially for younger drivers. After passing your driving test, sign up for the extra lessons and take the pass plus test.
Avoid paying per month
Spreading the annual premium over the months attracts monthly interest charges that could cost you substantially. If you can afford to, pay for the whole year.