Insurance Agency Singapore | Commercial Insurance and Personal Insurance

  • Products
    • Commercial Insurance
      • Work Injury Compensation
      • Public Liability
      • Foreign Worker Medical
      • Foreign Worker Bond
      • Fire/Burglary Insurance
    • Personal Insurance
      • Motor Insurance
      • Travel Insurance
      • Home Insurance
      • Personal Accident
      • Domestic Maid Insurance
  • Support
  • Contact Us
  • Blog
  • About Us

Tips for Getting Cheap Car Insurance

3 April 2018 By admin Leave a Comment

What may seem like a great deal in the garage could be far more expensive than expected once insurance is taken into account. Before buying, make sure you check the insurance group of the car. Groups range from one (the cheapest) to 50 (the most expensive) and they are measured against research by the Motor Insurance Repair Research Centre. Information such as damage, the cost of parts, repair times, and the value and the availability of body shells can influence the cost as well as more obvious criteria such as performance and security.

Therefore, even if the vehicle you are looking at is very popular, insurance can be more expensive than anticipated if there is low availability for particular parts it uses. Cheap cars to buy and insure include the Vauxhall Corsa and the Ford Fiesta, though costs will vary depending on model and trim.

How to Get cheap car insurance

Although buying a car that is cheap to run can make a big difference to insurance costs, there are other ways that drivers can reduce their insurance expenses.

Make sure you compare car insurance, which will give you policy options based on your vehicle and individual circumstances.

While it is difficult to work out the best way to get cheap car insurance, here are some great tips to reduce the cost of your cover:

Build up no claims

Drivers who are on the road for several years without making any insurance claims can benefit from a no claims bonus (NCB). An NCB of five years or more in particular is likely to result in a big discount on your premium.

Pay up front

Car insurance can be significantly cheaper if a yearly payment is made up front. This is a particularly good option for experienced drivers, who may be able to cover the cost in one payment. This will be cheaper than the overall cost of monthly repayments.

By Adam Smith

See Full Story at www.giffgaff.com

 

Share this:

  • Facebook
  • Twitter
  • LinkedIn

Filed Under: Tips Tagged With: cheap car insurance

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Categories

  • Domestic Maids
  • Golf
  • Happenings
  • Health
  • Homepage
  • Industry
  • Interesting Stuff
  • Products
  • Tips
  • Uncategorized

Contact Us

  • 1 Soon Lee Street #02-43, Pioneer Center, Singapore 627605
  • Tel: 68978226
  • Fax 68978086
  • Business Hours:
  • Mon – Fri: 8am – 6pm

Our Location

At the west side of Singapore, our office sits on the second floor of the building.

1 Soon Lee Street
#02-43, Pioneer Center
Singapore 627605

Our Products

  • Fire/Burglary Insurance
  • Foreign Worker Bond
  • Foreign Worker Medical
  • Public Liability
  • Work Injury Compensation
  • Domestic Maid Insurance
  • Home Insurance
  • Motor Insurance
  • Personal Accident
  • Travel Insurance

Find Out More

We would love to hear your insurance needs. Tell us all about it by filling up our contact form.

If not, give us a call at +65 6897 8226
or email us at enquiry@credence.agency

Copyright © 2023 | Credence Agency