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Auto insurance premiums are rising and therefore are becoming almost prohibitive for younger drivers, especially males under twenty five years old. The reason for this really is that the cost of car insurance is dependant on a number of factors, risk being one of the main. And, statistically speaking, young male drivers really are a high risk category.

Other factors that have a bearing around the cost of the car insurance include, brand name of the car, record from the owner, and what the car is predominately employed for. The normal utilisation of the car under the policy include private use, social and domestic, and commercial use which includes the carrying of goods.

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Here are a few tips that you could consider which might assist in getting a low cost auto insurance.

   Bundle Insurance Policies: Many insurance companies will offer you discounts should you join several types of insurance. For example you might have property insurance and life insurance from the same company.
   Raise the Excess. The surplus may be the amount you will have to pay in the event of a covered claim. Generally should you boost the amount of the excess, the price of the premium will drop. But, there is a balance to be struck between the amount of the excess you can afford and the saving you can make in your premium.
   Get Comparative Quotes. One of the most significant saving can be created by contacting several companies and asking for their finest quote. There's fierce competition in a car insurance market and this means that staff of these information mill pressurized to write as numerous policies as they can. This should lead to reasonable reduced prices for the astute driver. Don't leave this before the last minute, but rather you can start your research about a month before your renewal date to provide you with adequate time to gather all the details you need.
   Named Drivers. Should there be named drivers in your policy, then your insurance companies charges you you additional for this. If at all possible, you should consider removing these drivers from your policy.
   Full Driving Licence. If you have a provisional driving licence then your insurance company will charge you a considerable excess for this. You need to remember to complete your driving test if you take driving sessions from a reputable school of motoring and follow that by passing the test and obtaining your full driving licence.
   Advanced Driver Training. For additional experienced drivers it could be well worth while taking a professional driver training program resulting in certificates that ought to then be presented to your insurance provider with a discount request.
   Engine Size. To get the cheapest car insurance for a new or second hand car, you should consider purchasing a smaller engine size because this has quite a bearing on the premium you'll pay. While it might be tempting to possess the strongest car on the market, the insurance company will penalise you quite heavily.
   Penalty Points. There are a variety of driving offences which attract penalty points as well as your premium is going to be increased as a result. All of the most common offences can and really should be avoided with due attention and care. The next time you receive driving, don't exceed the speed limit, wear your safety belt, and either make use of a hand set for your cell phone, or switch it off during your journey. The issue about penalty points will most certainly be raised from your insurance company at renewal and you will be rewarded provided your record is clear.
   Third Party Only. When deciding between different auto insurance policies, consideration has to be given to the amount of the budget available and also the degree of cover required. A completely comprehensive policy will cover damage to your vehicle in addition to damage to a 3rd party. This kind of cover is a lot more expensive than third party only, but it pays in accidents where your vehicle is damaged. An example would be in case your car skidded on ice and discontinued the road. Third party cover on the other hand wouldn't pay out in this event. So, if your finances are limited, the least expensive car insurance is 3rd party only, but be aware that additionally, you will possess a lot less cover.