Cheapest Way To Insure A Second Car

Introduction

Insuring a second car is a must for many people. Whether it is a family car, a car you use for work or just a fun car, it is important to make sure it is insured. However, it can be tricky to get the best deal and make sure you are getting the right cover for the right price. This article will look at the cheapest ways to insure a second car and give you some tips on how to make sure you get the right cover.

Shop Around

The first thing to do when looking for a good deal on second car insurance is to shop around. Speak to different providers and get quotes from them, then compare the prices and the cover they offer. You will often find that different companies offer different levels of cover, so make sure that you are comparing apples with apples. You may find that a slightly more expensive policy offers more cover than a cheaper one, so make sure you are getting the right deal for you.

Choose A Higher Excess

When looking for second car insurance, a great way to save some money is to choose a higher excess. This is the amount you have to pay when making a claim, so if you are willing to take a risk and have a higher excess, then you can often get cheaper cover. However, make sure you set the excess to an amount you can afford in case you ever need to make a claim.

Look At Multi-Car Policies

If you have more than one car, then you may be able to save some money by taking out a multi-car policy. This is where one insurance policy covers more than one car, and you can often get a significant discount by taking out a multi-car policy. Make sure you compare the cover and the prices of the multi-car policies with the single car policies, as sometimes a single car policy may be the better option.

Take Advantage Of Discounts

Many insurance companies offer discounts for certain types of drivers, such as young drivers or drivers over the age of 50. Make sure you check what discounts are available and make sure you are taking full advantage of them. For example, if you are over 50 and have a good driving record, you may be eligible for a discount on your second car insurance.

Compare Online

It is also a good idea to use online comparison sites to get an idea of the different prices and levels of cover. This is a great way to get a good idea of the range of options available and to compare different policies. Make sure you read all the small print, as there may be certain restrictions or exclusions that could affect your cover.

Conclusion

Insuring a second car doesn't have to be expensive, and there are lots of ways to get a good deal. Shopping around and comparing different policies is a great way to make sure you get the right cover for the right price. Also, taking advantage of discounts and looking at multi-car policies can also help you save some money on your second car insurance.