Find
out how much you should be paying for car insurance
Find
out how much you should be paying for car insurance.
What sort of car insurance
‘risk’ are you?
Ever wondered why everyone
pays a different premium for their car insurance? It’s because the amount you are charged for
cover is based on a statistical assessment of how much risk you pose.
The greater risk you pose of
being involved in an accident or having your vehicle stolen, the more likely it
is your insurer will have to pay out for a claim.
Someone with a very expensive
and powerful car will generally pay more than somebody with a cheaper, less
powerful car. Similarly, someone with 20 years’ driving experience will tend to
pay less than someone who’s just removed their L plates because, statistically,
an experienced driver poses a lower risk.