When your budget gets a bit tight it’s only natural to look at what needs to go out the window. But do you know how often we weed out the necessary expenses instead of making a few smart trims here and there?
Take car insurance, for instance. You see, car insurance is often 1 of the first places people look to cut costs, but ditching your cover could cost you far more in the long run. It’s far better to make a few shaves, and the good news is that you absolutely can make these ‘shaves’ and save on your car insurance… Without compromising your protection.
Here’s how to lower your premium the smart way.
Choose the right excess
Your excess is the first amount you have to pay in the event of a claim. At King Price, you can change your excess amount to lower/increase your monthly premium. Specifically, by choosing a higher excess, your monthly premiums will be lower. Just make sure you can afford that amount if something does happen.
Keep your details up to date
Let’s say that you’ve moved to a safer suburb, or changed jobs so you’re driving around less. Maybe you’re able to park your car in a garage instead of on the street. These kinds of changes all affect your risk profile, which could mean a lower premium.
The key is to review your policy whenever something new happens in your life (or at least one a year) so we can go over any changes and perhaps even lower your premium.
Drive safely and claim less
Every claim affects your risk profile. You’re probably not surprised to learn that the fewer claims you make, the more favourably insurers view you. Even small claims can add up, so only claim when it really matters.
Bundle your policies
Did you know that if you keep all your insurance policies under 1 roof (with 1 insurer), you could unlock discounts. Seriously, consider bundling your home contents or buildings insurance and car insurance with the king. Not only could you pay much less, but it could make managing your cover and claims so much easier.
Choose a car with lower risk
Some cars are statistically more likely to be stolen or involved in accidents. Others cost more to repair. If you’re car shopping, check how the make and model affect your premium before you buy. Not sure how to check? Call us. We’ll help you.
The king has your back
Remember, saving on insurance doesn’t mean cutting corners. All it takes is a few tweaks, and you’ll be able to enjoy full protection (fit for royalty) with a smaller premium. And if you’re unsure where to start, just ask us. We’re here to help you.
Click here for a commitment-free insurance quote or you can WhatsApp us on 0860 50 50 50