Car insurance is becoming a major in factor in determining what car to buy, according to Swinton, the UK’s leading high street car insurance retailer.
New cars valued at more than £1 billion are sitting idle in parking lots around the country as sales slump. Sales are so bad in fact that next years motor show in London’s Docklands has been cancelled.
As sales of those expensive sports cars and 4 x 4 gas guzzlers drop due to the current financial climate, motorists are searching for more economical cars, and this includes those cars attracting lower insurance premiums.
A recent survey of 1,000 Swinton customers found car insurance premiums was their second highest consideration when looking at buying a new car.
There are many things to consider before buying any motor, and being able to find cheap car insurance which meets your requirements and offers the benefits you are looking for is not always easy.
It’s always wise therefore to ensure you obtain a quote before entering into any agreement to buy.
Don’t simply accept the premium your current insurer quotes. Have a little shop around, make sure you know what your current insurer would charge you if you cancelled your existing policy before the next renewal date and take this into consideration when deciding whether it is worth your while to switch immediately, or wait until your policy is next due for renewal.
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