Insurance Tips for Classic Cars, Kit Cars, and Special Vehicles

Do your own a classic car or special vehicle? Has your regular insurance company turned their backs or made the premium so high that you are thinking of selling your car to buy bread?

Well, fret not.

Here are a few quick tips to get your car insured.

Tip 1

Contact your regular insurance company and check that you are getting the best rate. You may be entitled to a reduction based upon good driving history.

Tip 2

THEN, search on the net for classic car insurance, classic auto insurance, kit car insurance etc. Whichever suits your type of vehicle. You will be pleased to know there are now lots of specialist insurers.

Tip 3

Get a number of quotes from each and perform due diligence. I suggest making phone contact with them and asking them a few questions. i.e How long have you been in business? What is your financial backing? Do they have a physical address?

Check around for good recommendations from sites you trust before you make a decision.

Tip 4

Make sure you don’t forget to check all the terms, conditions and restrictions.

Tip 5

Be insurance savvy! Your regular insurance company just wants to crunch the numbers. A specialist insurance company knows that you look after your car like one of your children. This is often reflected in a lower premium. So shop around and enjoy.

Using Home Insurance Tips to Cut Premium Costs

Because insurance in all of its forms involves a regular cost to the policyholder, it can often go down on the long list of household bills which can be more or less concerning depending on someone’s circumstances. If somebody were to get the best deal possible from the outset, cover for the home can essentially take care of itself up until the time comes to renew a deal. In effect, with a little homework and by following some basic home insurance tips, somebody could make sure that this basic cost is as low as possible.

Unfortunately a lack of basic understanding can actually see somebody end up with a policy which in part is actually more than they need. For example, that term home insurance itself generally prefers to two basic types of cover – buildings insurance and contents insurance. In reality not everyone needs both, as people who are renting a property, for example, may not need protection for the building, but simply for their contents, or their general belongings. Likewise, somebody who owns a building but rents it out may not actually need contents insurance, or only a low level of it.

As such a home insurance policy may be completely unnecessary for somebody who is renting, if it includes protection for the building. People who are buying a home and are applying for a mortgage may often find that they are offered a Home Insurance plan by the bank or building society which is supplying them with the lending. This is because the vast majority of mortgage providers require that the applicant has a form of buildings insurance in place.

While taking this offer may seem sensible and convenient, in reality what the lender is offering you may be poor value compared to other standalone policies offered by independent cover companies. Remember that you’re entitled to turn down the offer of insurance which is made buy a home loan provider, it is wrong to assume that you will be refused lending if you reject their form of insurance.

Other home insurance tips include taking particular care over what is and what is not covered on any potential policy. While it’s true that most deals protect against fire, flood, and vandalism, plus theft in the case of contents, flooding in particular may be more expensive as an option depending on where the house itself is. Certain flood risk areas in the UK mean that getting protection for these homes is more expensive or almost impossible.

If you are putting buildings cover in place, it can be worth bearing in mind that you may be putting yourself at risk if you are looking to improve the home yourself. For example, some insurance companies will not pay for damage which is caused by DIY improvements, such as a botched home attempt at an extension, for example. If you are keen to do a fair amount of work on the house yourself, ensure that this will be covered – many companies require that whoever is carrying out the work is a qualified tradesman.

When it comes to contents, it is safe bet that significantly improving your home security can bring down your premium. Remember that insurance is essentially an industry which bases its costs on risk. You can reduce the risk or chance that your home is broken into, you may be able to reduce your insurance premium. Fitting a burglar alarm, installing a certain type of lock on the doors and fitting security lights are all home insurance tips which can potentially cut the cost of contents insurance.

Use Insurance Tips For Teens

When it comes to getting your teen car insurance, you’re going to want to use Insurance tips for teens in order to save money. Often, insurance for young drivers or inexperienced drivers can be rather expensive, but there are a few ways that you can save money.

First of all, make sure that you get comparison quotes for your teen driver. It doesn’t take long but it will give you good idea what it’s going to cost, and especially, concerning the type of vehicle you have.

Before purchasing a vehicle for your teen, take a few minutes and check out the insurance quotes on it. Some vehicles are considered safer to drive for teens, in other words, don’t get a turbo, don’t get a sports car, or a four-wheel drive. All of these types of vehicles are going to cost you more money for your teen to drive than if you have more sedate vehicle.

Also, if your student is a good student and has a good grade point, you can often get a good student discount. The insurance companies have found those students with good grades often are more careful drivers, and therefore offer them a discount.

You’ll also want to check on what it would cost to insure your teen on their own policy as well is adding them to yours. Often, you’re going to find different price quotes for these types of insurance policies.

The most important thing and the best way to save money on teen car insurance is to make sure that your teen has gone through a driving school. In order to get their permit they’re usually required to go through school, but the insurance companies also offer discounts for school. This is another way of saving money for insurance for your young driver.

So before you purchase insurance for your young driver makes you get comparison quotes, getting vehicle that is considered safe, check on good student discounts, and make sure they go to driving school.