It is already known that insurance companies have premiums for people living in places with more auto thefts or simply own a more expensive car. Still, the insurers have gone even further, setting premiums for other things as well. In other words, you are liable for premiums based on your, age, gender, job, postal code, as well as what car you drive. They know that surgeons, for example, participate in more accidents where they were to blame, and financial clerks less. What’s next, premiums based on the zodiac? The thing is, car insurers can have their policies, and you can have yours. Here are six ways to pay less for car insurance that many people don’t know.

Fill in the right job title

If you list your job title as a ‘chef’ when completing your car insurance application, your average quote is likely to be higher than if you write ‘kitchen staff’. And it’s not only the food preparation industry that is affected. Somehow the insurers figured out that people with certain jobs are in the high-risk group. So, for example, music teachers pay more than just ‘teachers’. The same goes for office managers vs. office administrators, as well as construction workers who pay a higher premium than builders, who in return pay more than bricklayers. In short, if your job can fit in more than one category, make sure to check insurance quotes for all of them. Keep in mind, though, that if you knowingly misrepresent yourself, your cover can become invalid.

Include a more experienced driver

It’s against the law to say that someone is the main driver of the car if they are not, but no law says anything against adding a secondary driver. What is more, it can save you some dollars. After you obtain their permission, list an experienced driver as a secondary driver of your car. Pick someone whose licence is clean and who has a long no-claims history.

Never wait till the last minute

If you search around and switch to an affordable car insurance three weeks before your renewal date, you can save up to several hundreds of dollars. Rather than taking some effort to compare, most drivers just accept their auto-renewal quote, which costs them more than $100 a year. Some of the more attractive insurance policies you may want to compare can be Youi NZ. Finally, it’s good to know that many insurers charge interest on your payments if you spread the cost over the year. If it’s anyhow possible, pay up front.

Know your coverage

Basically, auto insurance provides property, medical and liability coverage. Property pays for damage to or theft of a car, medical pays for the cost of treating injuries, recovery and sometimes lost wages, while liability covers the policyholder’s legal responsibility for bodily injury or property damage. Still, there are more coverage options:

  • Collision – pays for damage to the policyholder’s car due to a collision with another car object or as a result of flipping over. Collision coverage is usually sold with a deductible – higher the deductible, lower the premium. It means if it is the policyholder’s fault, the coverage will reimburse them for the repair costs, minus the deductible. If the insurance manages to recover the amount from the other driver’s insurance company, in case it’s their fault, the policyholder’ will also be reimbursed for the deductible.

  • Uninsured and underinsured motorist – uninsured coverage reimburses the policyholder, a family member or a designated driver in case one of them is hit by an uninsured driver or a hit-and-run. Underinsured motorist coverage pays up if the driver-to-blame has insufficient insurance to pay for the other driver’s total loss. It also covers a policyholder who is injured while walking as a pedestrian.

  • Comprehensive coverage – reimburses for loss due to theft or damage caused by fire, falling and flying objects, windstorms, earthquakes, flood, hail, vandalism, and riots, as well as hitting an animal such as a bird or deer. Comprehensive insurance is typically sold with a $100 to $300 deductible, but policyholders are usually given an option for a higher deductible if they want to lower their premium.


Car insurance is a lucrative business, and those companies know how to make money. But, why should you pay more than you bargained for? Using these tips, you’ll be able to keep some cash, and still get a great insurance deal perfectly legally.

My name is Alex Williams, born and raised in beautiful Sydney. I am a journalism graduate, and a rookie blogger trying to find my luck. Blogs are the perfect opportunity for presenting yourself to wider audience, getting the chance to showcase my expertise and receiving recognition. I am a regular contributor at BizzMark Blog.


Leave a reply

Your email address will not be published. Required fields are marked *


© 2014-2017   rus4   RACK UP SKILLS    PRIVACY     ABOUT

Log in with your credentials


Forgot your details?


Create Account