Motor vehicle premium rates vary based on a variety of factors. Knowing how insurers calculate your premiums can help you control the cost of your insurance.
Many insurers offer discounts based on your vehicle’s safety features—such as anti-lock brakes or anti-theft devices—or for having multiple cars on one policy. Your behaviour as a driver can also impact your rates.
Here are some tips for keeping your premium low:
Learning about how motor vehicle insurance rates are determined helps you to navigate varied rates, make smart motor vehicle buying decisions and control the cost of your insurance. If you have questions about your motor vehicle premium, contact Geoffrey Simmons Insurance Consultants LLP today.
Geoffrey Simmons Insurance Consultants LLP
35/36 Windmill Street, Gravesend, Kent DA12 1AS
Tel: 01474 359117/8
Fax: 01474 567852
E-mail: info@thegsigroup.co.uk