New car? New insurance

January 18, 2007 by admin  
Filed under News, News-Insurance

A new year brings a new set of registration plates and quite often a new car.

However, insuarncewide.com is warning drivers not to get too caught up in the excitement of buying a new car that they forget all about insurance.

The firm says that simply transferring your previous insurance policy could leave you out of pocket and it is always worth shopping around.

“Think new car, new policy, or at least do your research online to check whether you could get a better deal than your existing policy offers,” said James Harrison, chief executive of insurancewide.com.

“A driver’s profile will constantly change. Your age, occupation, address and type of car all affect your premium and the type of insurer capable of offering the most competitive product and price.”

Mr Harrison went on to say that it may be worth talking to your dealer to see if there is a period of free insurance on offer when buying the vehicle.

He also pointed out that many discounts are available online, before adding that those seeking insurance need to have their wits about them.

“Finally, don’t be misled by insurers’ advertising campaigns that don’t tell the whole story or that don’t really apply to you,” added Mr Harrison.

“Decide what cover you need for your own circumstances, then look for it.”

Tags: don't tell, insurance policy, com, story, profile, Mr Harrison, new insurance, economics