933949 will fulfil your Personal Contract Purchase & Volvo Loan as either a Conditional Sale or Fixed Sum Loan Agreement. Volvo Car Financial Services UK Limited, authorised and regulated by the Financial Conduct Authority, Firm Reference No. Lease & Subscription, which are Hire Agreements will be entered into by UK Automotive Solutions Ltd which is an Appointed Representative of Volvo Car UK Limited, authorised and regulated by the Financial Conduct Authority, Firm Reference No. Volvo Car UK Limited is a credit broker not a lender and can introduce you to a limited number of lenders and their finance products. Registered office: Scandinavia House, Norreys Drive, Maidenhead, Berkshire, SL6 4FL.Volvo Car UK Limited authorised and regulated by the Financial Conduct Authority, Firm Reference No. This means that the way any named drivers drive will be used by your insurer to calculate your premium,” the Association of British Insurers says.Cookies Legal Privacy Business Information Modern Slavery Act Statement Volvo Car UK Limited, registered in England and Wales under company number 02281044. “Most telematics policies will assess how the vehicle is driven overall rather than just how it is driven by the main driver. However, the tech often can’t distinguish one driver from another. There are lots of players in this market, including insurethebox, Carrot Insurance and big names such as Direct Line (DrivePlus), Churchill (DriveSure), Admiral (LittleBox) and the RAC (Black Box Car Insurance), although it has been suggested that, lately, good-value deals have become harder to find.Ī parent or family member can usually be a named driver on the policy, so they can drive the car, too, and this may help bring down the cost. The tech often can’t distinguish one driver from another “Drivers are then rewarded with premium discounts based on how much or how safely they drive, with some policies tracking aspects of your driving such as braking and cornering, and others focused on rewarding low mileage,” says the consumer body Which?. In both cases, these will monitor your driving and transmit data back to your insurer. Typically, your insurer will fit a small GPS device in your car, or it will ask you to download a smartphone app. Think about getting a black box policyīlack box (or telematics) insurance rewards you for safer driving, and it can help younger motorists in particular to cut their costs. It has previously been suggested this could cut your premium – presumably because the assumption is that you are not the sort of person who tears around the streets, and that pulling a heavy load will necessitate driving more slowly and carefully. Surveys have repeatedly indicated that things such as installing tinted windows and wider wheels, or even specialist paintwork or stripes, can significantly push up what you pay.īut there is one possible exception: getting a towbar fitted. It adds that, for example, journalists who never leave their desks may be able to describe themselves as subeditors or writers rather than journalists, and that may bring the price down. “There will usually be more than one accurate description of your role,” Uswitch says. However, you may find that several job titles in the dropdown menu of occupations fit the bill. Of course, it is crucial that you are accurate and honest about what you do for a living. If your occupation is considered high-risk, there may be things you can do. Those considered lower-risk by the car insurance industry include … insurance workers. Think about your job titleīecause insurance is based on risk, if an insurer believes your job is low-risk, your cover will be cheaper. Linked to that, tell your insurer if you don’t use your car for work, or for commuting to and from work. Have you considered carpooling? Photograph: SolStock/Getty Images/iStockphoto However, it is common for people to overestimate their mileage when applying for insurance.ĭig out your MOT certificates to see your annual mileage from previous years.Īlso, think about whether you can reduce your mileage, such as by cycling, taking the bus for some journeys, or carpooling with friends and colleagues. “Low mileage means less driving, which means fewer chances of an accident, which lowers your premiums,” says the comparison website Uswitch. However, the site said: “It is important to note that all named drivers do need to drive the car for the policy to be valid.”īeware of “fronting”, though, which is illegal and occurs when a parent or older person pretends they are the main user of a car when a younger person is driving it on a regular basis. Motorists under 24 could save an average of £240 on their car insurance by adding an experienced named driver to their policy, while for those aged 25 to 34, it is £250, Compare the Market said this week. Photograph: Rosemary Roberts/Alamy Add a named driver
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |