A Boy Racer’s Guide To Car Insurance
Guys, let’s just face facts – we like to drive fast. Not every man is the same, but most guys can’t help themselves when they get behind the wheel. Aside from being fun, it’s also expensive. Boy racers, according to insurance companies, are liabilities which gives them an excuse to hike up the prices. So, what are you supposed to do, change your driving style? Wait until you’re a mature adult? No way! What you need to do is find a way around the system. Luckily for you, there are a few of them underneath.
Find Cheap Excess
Sorry to be the bearer of bad news – accidents happen and are almost impossible to avoid. You might not want to hear it, but it’s the reason so many boy racers go to Kelly & Soto Law for advice. That means you’re going to have to fork out, yet how much you pay is down to your negotiating skills. Companies that provide low excess rates do exist, and they are well worth considering. That way, there is no need to break the bank every time there is an accident. Sure, you will have to pay more in monthly premiums, but at least you can afford it per month. Accidents are expensive, and they require the money up front.
Get Into Bed With Manufacturers
Most boy racers tend to be young, which doesn’t help your cause. For one thing, the cost of a car is often enough to put drivers off making a purchase. Add to that the price of insurance and you might as well call it a day. Savvy manufacturers, however, have come up with a solution. To help boy racers out, they fund the cost of insurance themselves. Some even strike deals with suppliers for the good of the company. After all, even the motor industry needs fresh blood. In fact, there are now cars which come with free insurance.
Fit A Black Box
One of the stipulations of manufacturer led car insurance is a black box. Like it’s namesake in airplanes, this box relays back information to the insurance company. The firm then uses the info to analyze your driving habits and adjust your policy accordingly. Anyone that keeps a good record will be able to slash their premiums by a decent margin. And, you don’t have to change your driving style too much. Things like speed, for example, are based on an average. As long as the average rate isn’t high, neither will your policy.
Ask Parents For Help
It doesn’t matter how old you are because you will always need your mom and dad’s help. In this case, they can lower the cost of insurance simply by being on your policy. Insurers see them as a safety net because they will have to rein you in if they don’t want to cover the costs. Also, there is a multi-car option. Bigger firms offer discounts for insuring a fleet of cars. If your parents agree, you might be able to slash your monthly outgoings.