subject: Car Insurance Comparison Tactics - If You Own Two Houses You Could Save $100s [print this page] Car Insurance Comparison Tactics - If You Own Two Houses You Could Save $100s
If you have more than one property then you may be able to save hundreds of dollars on your car insurance. You can make a car insurance comparison any day but tactics also play a part in getting a cheaper policy. By choosing to insure your car using your less risky address will result in cheaper insurance every day of the week. The reason you save is because the chance of theft is greatly reduced. The risk of theft forms a large chunk of the cost of your insurance policy. Theft is often a result of living in an area with high crime or an area that is close to the CBD. So by living in a safer area you have a lower risk of getting your car stolen and therefore pay a lower theft premium. Theft premium is included in the price of comprehensive car insurance. If you live in the city and have a beach or country house you use then you could potential save sweet sweet money. You should get a quote using both your address and compare the costs. If the only thing you change is the address then you can easily calculate the difference a change in address could save you. If you want to investigate further, you could even work out what the theft portion of you insurance costs. To check what your theft premium is, you need to get a quote for 'third party liability car insurance' and also 'third party fire and theft'. The difference between the two insurance quotes is what you pay for insurance against loss caused by fire and theft. Most of this value is taken up by theft not fire. If it is quite high then you may live in an area the insurance company considers risky. Devices to stop burglary definitely help to reduce your theft premium. You should see how much you can reduce the price if you put a mobiliser or a wheel lock on your car. All insurance companies I know of ask you a question regarding your car security. If they ask, then they charge for a bad answer and reward you for a good answer (a less risky answer). On some occasions you can actually save more that the price of a wheel lock in just one or two years. The investment pays for itself and could actually serve to prevent a theft too. Next time you make a car insurance comparison, you should see if you can save money by adding a security device or by altering your address. A second house usually costs a fair bit to up-keep so it might as well come in handy and save you some cash and get you a cheaper car insurance policy. That's the end game -a better policy and a better price.
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