Some people think that buying a car means the end of traveling troubles. But they don't actually realize it is the beginning of economic woes. Every car that plies the roads and highways must have insurance otherwise your car will be impounded. And with the global economic crisis it becomes imperative to find the cheapest car insurance out there so as to cut down on expenses.
Sometimes getting cheap car insurance depends on a number of factors. One such factor is occupation. If you're a student and you want to get car insurance there is a very high likelihood that you will pay the cheapest premiums out there. In fact a lot of insurance companies actually have the option for student cover. And under normal circumstances insurance for students if probably the cheapest insurance cover out there, but it depends.
Another factor is age. Very recently I was on the internet doing research of my own and I heard about Saga, the British insurance company. Saga has an insurance policy for over 50's that charges a premium of 176 pounds a year on insurance premiums. So if you're over 50 you can get the cheapest insurance cover for less than 200 pounds a year. I'm not exactly sure about whether they have cover for foreign national but it must be possible if they have branches in your country.
There are also other companies that actually charge premiums based on your car's mileage. Effectively the less you drive the less you pay, And the more you drive the more you pay. So if you travel a lot you had better think about exploiting this insurance option. You can even take a bus to work occasionally so that your mileage doesn't shoot up, a train is another option.
Generally your driving record must be respectable if you want the cheapest insurance. What normally happens with insurance is that if you're exposed to too many risks of damage insurance companies will charge you more. The logic is that there is an almost certainty that you will be involved in an accident if your driving record is muddled with reckless driving offences.
Buff up the security on your car to reduce the risk of theft. Install an alarm system or even a tracker so that the possibility of theft is narrowed down to near impossibility. The moment your car appears unsecure and vulnerable the premiums will increase.
