Motor car insurance

There is compulsory insurance dictated by statute and then there is your own insurance to cover any losses you may have by way of accident or theft.
The question arises where do you start. You can deal direct with an Insurance company, who will of course sell you the policy that they trade with. The second option is to find an insurance broker. This broker deals with many insurance companies and so can offer you policies from more than one company. Each policy is in some way different and he can show you the various policies, how they differ and which one will suite your requirements best.

Insurance can be an expensive item so you would be well advised to seek out reputable brokers, perhaps three. Listen to their offers before you choose the one that you believe is the best for you. Each one will offer you very good terms and low prices, but remember cheap can be expensive and you must be able to have confidence in the person you are dealing with. There are always hidden conditions that are at first not obvious and you will only know about them if you search around and make comparisons.
When you look for car insurance you must of course take into account the car itself. If it is a new car you are buying it is one factor, if however it is an older car that you are renewing the insurance for, you will not need the same level of insurance that you had and you can cut back a great deal.
The insurance company is undertaking a risk and so they too must be careful in their selection of client. For this reason you must be forthright in your answers. If you have had an accident it should be declared because if you don’t and a claim arises this non disclosure could cost you dearly.

There are other factors you should enquire about. For example are there any conditions that apply if you lend your car to someone else and they have an accident in it. Do they specify the driver in the policy, because more than one member of your family might drive the car.

The insurance policy you buy is for the whole year and you want to be sure that you have the best deal. Often there are discounts available. A wrong choice can cost you dearly if you are unlucky enough to need it.