If you have plenty of spare time a good place to start, to get an indication of what the eventual cost will be , is to visit a car insurance comparison site or aggregator as they are commonl;y known. These popular websites compare rates and policies and return quotes , quite often from lots of different motor insurance and car insurance cover suppliers on the same page for you to choose from .

There is more involved to comparing motor insurance than comparing the quotes returned. It is equally important to compare just what is covered under the policy offered.

When comparing quotes always do so on a  like for like cover basis . For example, if a site is quoting a premium with a voluntary excess of two hundered and fifty pounds, ensure the other quotes you compare against this price are offering the same deductible .

Car Insurance polices also vary considerably from one insurer to another with extrasand various discounts often included in the base cover. Therefore , always read the policy wording document before purchasing the insurance otherwise you won’t know what you are buying .

Buying policies online can take a lot of time . Many comparison sites are more often obliged to capture more facts, so getting a cheaper quote can be time consuming . This is because certain of the cover providers on the panel need differing facts about the drivers circumstances or the vehicle, to quote .

Collecting more information will take longer to complete the quotation and purchasing processes where often hundreds of policies are shown , however the time you spend is rewarded with a list of competing companies offering a variety of quotes, which gives you a clear idea of what your cover will cost. These may not be the cheapest quotes you will find online, but being presented with various offers and options is a starting point for identifying cheaper car insurance.

Remember that that many of the more specialist car insurance companies choose not to quote on comparison websites but prefer to deal with the insurance buying public direct.

The direct specialist car insurance companies are also able to offer big savings for buying their products because they cut the costs of production of the policy by cutting out the costs of the middleman or insurance broker. The price savings these websites make by conducting business this way can then be passed onto their customers as cheap car insurance premiums. Specialist car insurance comparison systems typically compare quotes aimed at a small market where the risks are known and the costs of claims can be controlled, leading to cheaper base rates for their clients

Another method is to use a search engine such as Bing to find providers of cover for your particular model or to find specialist providers .
If you own a Volkswagen for example , type the make and compare car insurance into the search engine and you will be shown car insurance websites which are far more pertinent to you as a driver of that car.

Similarly,if you are a young driver if you type this query into the search engine you will be returned with cheap quotes designed specifically drivers  under twenty five .

After the comparison website returns an alternative cheaper provider, make a note of the quote and go straight to the site of the offering company just before your existing insurance cover runs out.

Make sure that clear down the cookies on your browser history , otherwise the Car Insurer will see that it has quoted you before and only offer you the same price . That way you ensure that  you will get any of the latest deals and discounts when you buy the motor policy .

Most of the popular Car Insurance companies in theUnited Kingdom areoffering special deals to tempt you to change from your existing Insurer and renew your cover with them . Make sure you check these offers carefully and be ready to take the time and effort to understand the ‘catches’ if you want to successfully reduceannual costs . Visit a comparison website at renewal if you are a typical driverand do not requirespecial covers. Visit a specialist car insurersite if you are young, old, or own a non standard or prestige car.

Finding a provider which may be more suitable for your needs it is advisable to search online for cover for your make of vehicle. If you have a poor driving history , drive an unusual or classic motor or need specialist cover because of your age or medical conditions there are now many smaller specialist comparison sites that cater for all these needs.

When comparing Car Insurance on the Internet be aware that the amount of quotes returned and the premiums quoted often differ from one car insurance comparison website to another . Often the comparison sites may have negotiated better premium prices with the Insurers for certain types of customer or car make as all car insurance companies have target markets .

For an immediate quote and to Compare Car Insurance call 0800 089 0182

Using Specialist Car Insurance Comparison Systems On-line is a Specialist Car Insurance post. If you own a specialist car you can compare car insurance at the UK's largest specialist car insurance comparison website for cheaper cover and quote savings.

With both car insurance comparison website car-insurance.tv last week predicting a hardening market for and now the AA predicting massive premium hikes this is unwelcome news for both the private car owner and the UK economy as a whole, which hardly needs any more inflationary pressures.

Owners of specialist or expensive cars are more likely than the competitive middle market, to feel the brunt of the car insurance premium hikes.

Here’s what Insurance Blog has to say on the matter……….

UK Car Insurance Rates Must Harden As Loss Making Companies Claims Reserves Run Dry!

Incredibly Car Insurance companies in the UK are struggling to make a profit and 2010 is likely to see a large reduction in the supply of car insurance, with many famous brands and suppliers predicted to disappear from the high street and our television screens as the market adjusts to cater for the massive losses, according to analysts from car insurance comparison website Car-Insurance.tv.

Recently released figures show that the UK Motor Insurance market has been consistently losing money since 2004 when the total UK profit from underwriting car insurance policies was £77 million.
In 2007 the UK car insurance market made a £1.1 billion underwriting loss, last year the loss was £1.3 billion and the figures for 2009 are expected to be worse……..

Very few car insurance providers have escaped the losses and are profitable, whilst many have released claims reserves held from previous profitable years to disguise the ‘actual ‘ loss.

So what is causing such massive losses in a large compulsory market that not so long ago was the most aggressive in the world?

On the face of it the answer appears to be simple …… The Cost of Claims!

Claims are the problem not because the Car Insurance Companies have failed to include the rising costs of claims into their pricing structures; but because they have failed to cover the true costs in the retail price!

Car Insurance underwriters seem to have forgotten the basic rules of betting when setting their prices – and that is, that the Bookie never loses…….

To understand where the car insurance underwriting companies have gone wrong you first need to examine how they arrive at the price of a car insurance policy premium.

The cost of your car insurance premium is basically made up of three components:

1. The costs of production – Staff, Systems, Distribution etc
2. The costs of losses – known claims ratios ( the proportion of a policy premium pool that gets eaten up in claims)
3. Profit

The cost of all these components can be calculated by clever people called actuaries who work for the insurance companies and the rates set accordingly.

So what’s gone wrong?

Well naturally it is obvious to first look at claims as the cause of the losses – but the truth is far from this end of the life of a car insurance policy……

The frequency of claims has either fallen or remained fairly constant over the period of losses and the actual cost of claims has only risen by 1 percent.

Despite all the noise made about gangs of car insurance claims fraudsters roaming the streets of the UK, the fact of the matter is that most of this is propoganda aimed at deterring fraud which naturally rises during a recession/depression. The number of fraud cases are really insignificant in the true scale of the market to affect pricing.
Admittedly there has been a significant increase in the number of personal injury related claims, egged on by claims farming companies, which would affect long term pricing, however the losses experienced by Car Insurance companies are nothing to do with claims and claims pricing.

These type of claims fluctuations have always been dealt with successfully in the past by car insurance companies by adjusting reserve ratios or negotiating better re-insurance ( laying the risk off), or more importantly by adjusting price ……..

But this time something is different….

Car Insurance Companies can no longer set the price! Not if they want to win the business anyway!
And they certainly cannot sell policies at the premium levels that the Actuaries suggest!

Why? Seemple …….The Internet!

And more importantly Car Insurance Price Comparison websites or aggregators as they are known in the industry, which account for around 90 percent of the Car Insurance sold online. Since around 2004 it has been possible to easily compare car insurance quotes online from numerous suppliers, and invariably the cheapest premium wins the business.

Car Insurance companies not longer set their own prices! And this is the problem!
In a race to achieve enough volume to make a book of car insurance business profitable the car insurance companies have been selling their car insurance polices too cheap and covering their losses with their claims reserves……..time is running out!

For the consumer then as we enter 2010 it looks as if the best policy is still to visit comparison websites where you will be offered a choice of suitable policies at the most competitive prices.
If you stay with your current insurer – expect large premium hikes at renewal!
Shop around for specialist car insurance as prices are going to vary widely.
Visit a specialist car insurance comparison website as there will be many offers to be had as companies try to secure volume of car insurance policies.

specialist car insurance

Car Insurance Premium Hikes Set for 2010 is a Specialist Car Insurance post. If you own a specialist car you can compare car insurance at the UK's largest specialist car insurance comparison website for cheaper cover and quote savings.

Classic Car Insurance – Change Your Lifestyle and Save Money on your annual premiums
By Dave Healey

Change your lifestyle and you will be eligible to apply for all sorts of non standard specialist car insurance that is tailored to a particular genre or lifestyle group or club. The lifestyle factor is more predominant in the calculation and issuing of policies for classic cars than in any other form of specialist motor underwriting.

Classic car insurance policies are now based primarily upon usage limits and consequently tend to reflect the fact that classic cars are used differently than a normal everyday car, although the types of use social, domestic, pleasure, business and commuting, or for hire and racing, will still apply. Many a beloved classic motor will stay under wraps in the garage for many a month and is only brought out and paraded for special occasions and events.

The range, length and risk of these events will undoubtedly determine the level of price for a specialist classic car policy. Such events can be as innocuous as local classic car club meetings at predetermined destinations, fun runs, treasure hunts, vintage runs, air shows and displays, national classic rallies, film shoots, motor shows, trade shows or as extreme and heavy premium carrying as classic car racing or hill climbing.

Most specialist motor underwriters therefore appreciate that you may need a more tailored and flexible type of car insurance for a classic car, one that allows you to fit the policy around what is effectively your lifestyle risk. Your risk levels are calculated upon the way you use the classic car and the number of miles distance you cover in that car each year. These so called rating factors are adapted to play a much larger role in the calculation of a classic car insurance premium than the traditional factors that weigh heavily in standard car insurance premium calculation, such as Age or Gender.

Price has tended in the past not to be a large driver in the classic car insurance market, where quality of cover for cherished vehicles has always been seen as the primary marketing message. Underwriters have appreciated that the classic car is quite often considered as a ‘baby’ within the family unit and may in the past have taken advantage of the irrationality when considering price. However the introduction of many classic car insurance comparison websites on the Internet means that premium levels can no longer be ignored and that customers now rightly demand service and cover for their specialist car insurance lifestyle vagaries, at the right price.

It is now possible to obtain tailored online cover for even the most obscure car marque and the introduction of online underwriting has introduced a welcome level of competition into what had become a stagnant market. Group and affinity market buying power has also helped stimulate growth and push premium prices down through bulk buying power schemes. Whatever aspirations you may hold as a classic car owner it appears that with technology you are more increasingly likely to be judged financially by your lifestyle than its trappings that you must insure.

Dave Healey is a specialist motor underwiter who has been underwriting Classic Car Insurance polices at Lloyds for over thirty years.

Article Source: http://EzineArticles.com/?expert=Dave_Healey
http://EzineArticles.com/?Classic-Car-Insurance—Change-Your-Lifestyle-and-Save-Money&id=2036361

Save Money on Classic Car Insurance by Changing Your Lifestyle is a Specialist Car Insurance post. If you own a specialist car you can compare car insurance at the UK's largest specialist car insurance comparison website for cheaper cover and quote savings.

How To Compare Classic Car Insurance Online

Author: Dave Healey

Comparing car insurance online can be a minefield for any people, with so many options available online at the click of a mouse, it is often confusing, a problem that is exacerbated if you own a classic car and require specialist car insurance.

So how do you choose firstly a website, then a company, then the policy, that is going to be right for your prized possession, your cherished classic car?

You could like the majority of people start off by visiting a large car insurance comparison site, such as the ones you will see advertising during virtually every commercial break on television. don’t expect to find any bargains at these types of sites. They are designed around standard polices for standard vehicles, and although many of these sites willl now quote for classic cars, the premiums are often heavily loaded and more often far from competitive. Having spent time filling out the application form online it can be disappointing to find that most companies on the comparison panel are refusing to quote for your particular classic, or have loaded the premium as the do not want your business. For the majority of the large car insurance companies, classic cars mainly equate to expensive claims, and not profitable target business.

When comparing what can at first appear to be, cheap classic car insurance through one of thee large supermarket distribution outlets, be very careful to read all the wordings in the small print, paying particular close attention to the information regarding claims.

If you own a classic car you need to ascertain that in the event of an accident your classic car will be taken to a specialist or maker approved repairer and that only genuine replacement parts will be used on your car to repair it. Unfortunately you will find that most mainstream car insurers have a network of approved repairers nationwide, and will often insist that cars covered under their policy contracts must be repaired through these outlets. In situations such as this, what appeared to be a bargain cheap car insurance deal at source, could prove to be a very expensive mistake.

The solution to the problem is to approach a specialist car insurer or broker, in particular one who has experience in underwriting classic motors, and preferably has a large book of business of classic car insurance. Unlike in many other professions for example healthcare, a specialist in car insurance is often cheaper than the High Street names and offer better value quality cover that can be tailored to the requirements of your specific classic car make and model. By specialising in a particular market niche these car insurers have developed group schemes for virtually every type of classic. By joining one of these schemes you are joining a risk pool of like minded individuals and similar cars. The specialist car insurer is able to determine more accurate rates for a particular classic and you will also benefit from the power of group buying which delivers economies of scale in the form of shared risks and cheaper premiums.

About the Author:

With the demand for specialist car insurance rising, there are now many websites where you can compare car insurance online and specifically specialist schemes, covers, and rates for classic car insurance. When comparing both covers and premiums it is essential that you make comparisons on a like for like or similarity basis, including the arrangements for settling a claim.

Article Source: ArticlesBase.com – How To Compare Classic Car Insurance Online

Comparing quotes for Classic Car Insurance online is a Specialist Car Insurance post. If you own a specialist car you can compare car insurance at the UK's largest specialist car insurance comparison website for cheaper cover and quote savings.