Will car insurance companies price match?
Many insurance companies will price match – especially if you’re renewing your insurance with them. It’s not uncommon for providers to offer exceptional prices if you’re a new customer – but not be quite as competitive when you get your auto-renew price. There’s no harm in asking for a price match – the worst they can say is no!
Are car insurance settlements taxable?
Generally, car insurance payouts are not taxable. The only exception to this rule is if any repair done to your car actually boosts its value – but the way insurers work means this is unlikely to happen.
Do I need to insure my car for business use?
If you’re using your vehicle for anything related to the work you do, then you’ll need to let your insurer know and pay for the right level of cover. If you don’t – you may find you’re driving illegally.
Can you have two insurance policies on one car?
Although it’s perfectly legal to have two car insurance policies running at the same time, it can make claims unnecessarily complicated. As such, it’s worth making sure you only have one policy in place for your vehicle.
When does car insurance price go down?
There are many factors that determine the price of car insurance, and some drivers find that the cost of their premiums starts to decrease once they hit a certain age.
Can car insurance providers find out about points?
Yes - a car insurance provider can find out if you have any penalty points on your driving licence, even if choose not to disclose them during the application process.
Do car insurance quotes affect credit score?
Although it will be registered, getting car insurance quotes does not have an impact on your credit rating, so it won’t be taken into account if you apply for a loan or other form of credit in the future.
What car insurance do you need?
The level of cover you need when it comes to car insurance depends on what you want to be able to claim for.
Occupations for cheap car insurance
Your job can be a factor when an insurance company is working out how much to charge for your premium - and this can mean that there are certain good occupations for cheap car insurance.
How far in advance can you get car insurance quotes?
In general, the earliest you can get an insurance quote is around 30 days before you need the cover to start.
What are car insurance groups?
All cars are assigned into a group based on how much they cost to insure, with group 1 being the cheapest to insure up to group 50 being the most expensive. Insurance groups are a rating of the car for insurance purposes.
How to compare car insurance
Comparing car insurance quotes is quick and easy, especially if you use a broker or comparison website. Simply enter your details and you’ll be able to browse and compare quotes from different providers.