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Smart Strategies for Securing Lower Insurance Premiums on Your New Car

Purchasing a new car is an exciting venture, and securing the right insurance is a crucial part of this process. At Surrey Hills Motor Company, we understand the importance of finding car insurance that is both protective and affordable for your new vehicle. Here are key strategies to help ensure you get the best possible insurance quote for your new car purchase.

1. Shop Early for Insurance and Set Future Start Dates

Begin looking for insurance quotes well before you take possession of your new car. Insurers often offer more favorable rates to customers who are not making last-minute decisions. Aim to get quotes around three weeks before you plan to start using the car. Set the policy to start on the day you take ownership for optimal savings.

2. Quote as If You Already Own the Car

When obtaining quotes, state that you already own the car rather than you are about to own it. Insurers may view existing owners as more stable, potentially leading to lower quotes.

 

3. Utilize Comparison Tools for the Best Deals

Don’t settle for the first quote you receive. Use online comparison tools to get a broad range of quotes from different insurers. This will allow you to compare and choose the best policy that offers comprehensive coverage at a competitive price.

4. Select a Car with Favorable Insurance Rates

Your choice of car significantly influences insurance costs. Models with a reputation for safety, reliability, and lower repair costs are often cheaper to insure. Consider these factors when selecting your new vehicle from Surrey Hills Motor Company.

5. Increase the Voluntary Excess

Consider opting for a higher voluntary excess to reduce your premium. Ensure that the amount you choose is affordable for you in case you need to make a claim. This can be a good strategy if you have a clean driving record and feel confident about your driving skills.

6. No Claims Bonus and Safe Driving

If you have a no claims bonus from a previous vehicle, make sure to transfer it to your new car’s policy. Continue practicing safe driving to maintain this bonus, as it can significantly lower your premiums over time.

7. Review and Tailor Your Policy Cover

Carefully review the policy features and remove unnecessary add-ons. If certain features like breakdown cover or a courtesy car are not essential for you, excluding them can reduce your overall premium.

8. Consider Annual Payment Options

If it’s financially feasible, pay your premium annually rather than monthly. Annual payments often work out to be cheaper as they avoid the additional fees associated with monthly payments.

9. Enhance Security Features

Invest in approved security devices for your new car. Features like advanced alarm systems, immobilizers, and tracking devices can reduce the risk of theft, subsequently lowering your insurance premium.

10. Keep Your Insurer Informed

Make sure your insurer has all the correct details about your new car and any changes in your circumstances. Accurate information ensures that your policy reflects your actual risk level and could lead to more favorable rates.

Conclusion: Invest in Research for Better Premiums

Taking the time to thoroughly research and understand your insurance options can lead to significant savings on your new car. At Surrey Hills Motor Company, we encourage our customers to be well-informed and proactive in their insurance choices.

For more guidance on car ownership and to explore our selection of new vehicles, visit Surrey Hills Motor Company.

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