Guide to picking the car imsurance that's right for you

Whether you're a new driver or have years of experience behind the wheel, there's a lot to be said for doing your homework when it comes to your car imsurance. People have a tendency to stay with their existing insurance company rather than shopping around for better deals when it comes time to renew their policies.

There are many variables to be taken into consideration when it comes to car insurance, and each of them can have a dramatic effect on the price you end up paying.

The major factor is your driving experience. Are you a new or experienced driver? If you're a new driver, you can reduce the cost of your premium by partaking in an advanced driving course, or agreeing to be bound to certain restrictions, such as not driving during the night hours, or having an annual mileage limit placed upon you.

If you're an experienced driver, the longer you've had a no claims bonus for the cheaper your premium will be. Many insurance companies offer no claims discounts of up to 60%, rewarding the safer drivers with lower cost insurance.

The next factor is the type of car you drive. The more expensive the car, the more your insurance will cost, and any modifications you have made to the car will adversely affect your insurance. Insurance companies don't look too fondly on people who make major changes to the exterior body or engine of their cars, as it makes it difficult to accurately insure.

The third and final major concern is which type of insurance you are going to decide on. If you want to be covered for every eventuality, then fully comprehensive is the insurance for you. This will cover you for damage to both your own car and any other car involved in an accident, as well as providing protection for fire or theft of your vehicle.

Third party insurance only covers any other vehicles involved in an accident. You'll need to pay for any damage to your own out of your own pocket, however it is a far cheaper policy than fully comprehensive, so if you're lucky you could end up saving in the long run.

Finally you can opt for third party, fire and theft which is a mixture of the two above policies, and falls in between them in terms of cost.

Once you've decided which insurance is right for you, it's time to get in touch with the insurance companies. If you don't have the time to do this yourself, you could use an insurance broker who will find you the best deal from a large number of companies for a small fee.

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