Save time, save money – here’s how to score the best deal on your insurance!
Getting the right insurance quote isn’t just about finding the cheapest option – it’s about getting the best value for your money. Whether you’re insuring your car, home, or gadgets, here are seven easy ways to make sure you’re getting the best deal.
1. Compare, compare, compare!
Don’t take the first quote you see! Shopping around can help you save big. Check out Google, Hellopeter, and Facebook reviews to see what real customers say about different insurers before making a decision.
2. Check what’s actually covered
A lower premium isn’t always better if the cover isn’t right. When comparing quotes, make sure you’re looking at the same level of cover, excess amounts, and extras like car hire and roadside assistance. Using the same ID number for all quotes will ensure accurate comparisons.
3. Flexibility matters
Life happens – you upgrade your car, move house, or buy new things. Choose an insurer that lets you update your policy easily. Naked, for example, allows you to manage your cover in seconds via an app. Plus, their unique CoverPause feature lets you pause your car insurance when you’re not driving, saving you up to 50%!
4. Bundle and save
If you already have home contents insurance, getting a car insurance quote from the same provider might unlock some savings. Bundling policies can also save you admin time and effort. But don’t assume – it’s always good to get quotes from multiple insurers to compare.
5. Find your sweet spot on excess
Your excess (the amount you pay when claiming) directly impacts your monthly premium. A lower excess means higher monthly payments, while a higher excess lowers your premium. Choose an amount you can afford in case of an unexpected expense. Also, check for hidden additional excesses that might surprise you at claim time.
6. Reduce your risk to pay less
Insurance premiums are based on risk, so the safer your belongings, the lower your premium. Simple things can make a difference, like:
- Parking in a secure garage
- Locking your car every time you leave it
- Installing burglar bars or an alarm at home
- Using a sturdy phone case and screen protector
7. Review your policy yearly
Your needs change over time, and so should your insurance. Reviewing your policy once a year can help you save money and make sure your cover is still right for you. Remember to check your home contents sum insured, as some items increase in value while others depreciate over time.
Get the best quote in seconds
While some insurance costs are out of your hands, these tips can help you get the best price for a product that suits your needs. And if you’re looking for a cover that’s fast, fair, and fully digital, Naked lets you get a final insurance quote in just 90 seconds – no phone calls, no hassle.
Compiled by: Katelin Maggott
First published by Food & Home
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