Family Car Insurance
Buying a family car can be an exciting prospect but if you're not careful you can end up paying through the nose due to all the additional costs. Some of the things that you want to consider are the cost of your road tax, your insurance and your fuel economy. Family cars are often bigger than normal vehicles so this means they aren't always great for fuel economy. Of course one of the biggest, if not the biggest, concern when it comes to family cars is their safety.
If you want to save money when buying a new car, then insurance costs are the best place to start. Comparing different insurers can often seem like searching for a needle in a haystack but this doesn't have to be the case. The best way to go about it is to use a price comparison tool. Here at Money Expert we offer a free and impartial price comparison service, we will show you all the best deals that are available to you and we'll guarantee to find you the best one.
The price of your car tax is directly linked to the amount of co2 emissions that your car produces. Cars are divided into tax bands that are dependent on their emissions. If your car produces less than 100g of co2 per km, it will pay no road tax as it falls into tax Band A. On the other end of the spectrum you have cars in tax Band M that produce 255g of co2 per km, these cars cost £475 every year for road tax.
Petrol cars generally have higher co2 emissions than diesel cars, so the amount that you pay for these engines will be higher. But on the other hand diesel is more expensive than petrol so these cars will have higher fuel costs. It is important to consider all of these factors before you invest in a car otherwise you will end up paying above the odds for your vehicle.
On average, car insurance costs about £470 but this can vary greatly depending on what type of car you have and what your situation is. Your age and your occupation are two big factors when it comes to determining how much your insurers will charge you. Young drivers generally pay the most for their car insurance plans, this is because they are statistically the most likely to be involved in an accident.
Another thing that will affect your car insurance rate is the type of car you have. Cars with bigger engines are generally more costly when it comes to insurance. This is due to their capacity to hit higher speeds therefore making it more likely that they will be involved in a crash. Cars from more expensive manufacturers can also cost more to insure due to the higher cost of spare parts and repairs.
If you want to save money on your car insurance, then the best way to do this is by comparing car insurers. We offer a free, simple and impartial price comparison service. This service will show you all the best deals that are available to you on the market right now. You can tailor your search results to show you exactly what type of car it is that you are trying to insure and exactly what type of policy you are searching for.