Import Car Insurance – Japanese & Grey Specialists

If you are looking for protection for your imported car, you are bound to have found out that most of the major insurance providers either won’t cover you or will hit you with huge annual premiums. The reason that import car insurance is so important is because the providers deal in the risk posed by you and your vehicle. An insurance company may not be able to accurately determine the risk involved in insuring your imported car.

You may find it difficult to understand why insurance companies insist on charging you so much for import car insurance policies but there are two main reasons. The first is that it is far harder to estimate how much they would need to pay out in parts and repairs as they may be hard to source and cost a lot more. The second reason is that there could be a problem with the vehicle quality standards, depending on where the car has been imported from.

Cars known as grey imports are not built to European standards, and are not EU approved, making it very difficult to obtain import car insurance. Whereas a parallel import is usually from Europe, meaning that it will be much simpler to seek an adequate policy.

Similarly to modified cars, or classic cars, it is usually far easier to obtain import car insurance from a specialist insurer rather than a high street retailer. Before you seek quotations, make sure you have as much information about the vehicle as possible, as the more the insurance provider knows about your car, the more they are able to reduce the annual premium. If cost is a priority, many insurers do not see a right-hand drive vehicle as a higher risk if there are no further modifications, so it is recommended that you ask this first. As import car insurance is always going to be more expensive than any convention insurance, you could use some tried and tested techniques to lower your premiums. These could include any of the following:

• Approved security devices – alarm/immobiliser
• No claims bonus years
• Parking in a garage
• As few modifications as possible
• Low annual mileage

Import car insurance does usually have higher annual premiums than any standard insurance policy, but you do usually save some money as the pre-tax costs are usually a lot cheaper abroad than here in the UK. If you do decide to import a car from abroad, it is essential that you are covered by adequate import car insurance to protect you for every eventuality.

Prestige Car Insurance

If you are the proud owner of a prestige car, you need the increased assurance that you will protected no matter what happens. With this in mind, it is essential that you obtain a prestige car insurance policy as soon as possible. Similarly to standard car insurance, there are three levels of prestige car insurance available but you may want to seek a comprehensive policy if possible.

Third party, fire & theft insurance is often thought of as a ‘medium’ level of car insurance, as this provides a basic level of protection, with the added cover for damage or loss caused by fire and theft. It is essential that your prestige car insurance is at least covered for this as these two factors can cause extremely costly damage. The remainder of the cover allows third parties and their property to be covered in case an accident is your fault. When considering investing into prestige car insurance, it is important that you think about how you would cover the costs of repairs to your own vehicle, as these will not be covered by a third party, fire & theft policy. The benefits to this level of cover is that it is much cheaper to insure young or inexperienced drivers, but the annual premium cost far outweighs what you might have to pay if you were involved in an accident, particularly as the owner of a prestige car.

You might want to invest in comprehensive prestige car insurance policy as this offers the motorist and car owner a better level of cover compared to 3rd party fire and theft. You and your luxury vehicle will be covered in almost every eventuality as you can expect to receive compensation for damage to your own car in the event that an accident is your fault. Although this level of cover is the most expensive, it is well worth the annual cost if something unexpected were to happen.

Luxury vehicles can cost a lot hundreds of thousands of pounds, so it is essential that you are fully protected when driving on the road. Prestige car insurance is designed to provide you with financial cover if involved in an accident, or if someone steals your vehicle, or if any damage is caused by fire. By being able to rest assured that you and your car are protected, even if you are to blame for an accident, allows you to enjoy your vehicle and stop worrying about financial burdens.

Cheap 4×4 Car Insurance Quotes

Over the last couple of decades, 4×4 cars have become very popular with families rather than simply farmers and those that live in rural areas. 4×4 vehicles are very practical due to their space, off-road capability and low purchase costs. Most 4×4’s are not driven off road and usually driven on standard roads just like other cars and car insurance is a legal requirement for these vehicles.

Although buying a 4×4 vehicle has become increasingly popular, it seems that 4×4 car insurance hasn’t seen the same increase in popularity. The reason behind this may be that UK insurance providers seem to take great pleasure in charging an incredible amount of money each year for 4×4 car insurance, compared to a conventional policy. There are a wide variety of 4×4’s and SUV’s on the market these days and most people will not be participating in rallies and off-roading, but most insurance companies do not consider this.

Other reasons that 4×4 car insurance is generally so expensive is that it is thought that 4×4 vehicles are more dangerous to pedestrians than other cars, and that they can present a high theft risk. Research into these claims has actually found that neither are relevant to the UK, but this information has not translated to the quotes presented to 4×4 owners yet. A more accurate reason for high premiums on 4×4 car insurance, is that the cost of repair is much higher as it parts and labour is often more expensive for 4×4’s.

If you are looking for ways that may reduce the cost of your 4×4 car insurance premiums, there are a number of steps you can take such as : –

• Take extra driving courses such as the Pass Plus test as this proves to the insurer that you are a responsible driver, therefore less likely to be involved in an accident

• Join a 4×4 owners’ club as providers often give policy holders’ discounts if they belong to the relevant owners club for their vehicle

• Don’t modify your vehicle as this makes it difficult for the insurance company to accurately identify what risk you and your 4×4 pose when on the road

• Maintain a clean driving licence, and build up your no claims bonus years as this will encourage the provider to reduce your annual premium.

• Inform the insurance company that you do not intend to take your vehicle off road, or participate in any rallies or competitions.

Motor Trade Insurance

Compare Motor Trade Insurance Online

People in the motor trade already have a lot to think about, and unfortunately motor trade insurance will be another essential consideration that will need to be taken into account. No matter what type of business you own (whether it’s a car lot, a garage or anything similar) you’re going to want to protect your interests, and that’s what makes adequate insurance so important.

Insurance is there to protect you financially should anything go wrong, and given that it’s your livelihood on the line it makes sense to be prepared. With this type of insurance, almost more than any other, proper research is essential. All businesses will have slightly different requirements and as such you’ll need a policy to suit, and if you look around and head to specialists you’ll be able to find something that perfectly meets your needs.

There are a number of things you’ll need to think about before you decide on the quote to go for. The first will be a basic decision between third party cover and a more comprehensive policy, but it shouldn’t stop there. You’ll also need to think about the additions that you’ll need, such as legal expenses, liability and personal accident cover, and the ones that you need are again going to depend on the particular industry that you’re in.

So, given the number of considerations there are, choosing a policy isn’t going to be an easy task. That’s why it’s always best to head to specialist brokers who will be able to offer advice on any potential insurers, and of course the best solution will always be to get a bespoke policy that’s been created according to your own individual specifications. This means that you’ve got the right level of cover and any added extras that you’ll need, and this can be invaluable in ensuring that you’re completely protected.

But, just because you’ll need a specialist policy, it doesn’t mean you’ll have to spend a fortune on premiums. There are plenty of things you can do to reduce your quote, such as increasing your excess, foregoing any unnecessary extras and taking advantage of any discounts that can be offered, and if you spend the time to look you’re bound to find some deals out there.

So, anyone in the motor trade needs to carefully consider their options before deciding on an appropriate policy. As long as you do you can get to work in confidence, knowing that you’ve got a tailor-made motor trade insurance policy behind you to back you up.

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The Problem of High UK Car Insurance Premiums

Anyone that’s tried to insure a car elsewhere in Europe is sure to have found a huge difference in prices. Invariably, UK car insurance always comes out more expensive. But why is that, and is there anything that can be done to get around it?

UK car insurance is often more expensive because of the different insurance rules involved in each country. Elsewhere in the EU you’re often able to insure the car alone, meaning that as long as you have the right papers and insurance in place anyone can drive it. In the UK, however, you insure the driver as well as the vehicle, but you’ll often be able to get much more comprehensive cover as well.

But, as is often the case between different countries, sometimes you simply have to pay more for a similar level of cover and there may not be any obvious reason behind it. So how can you avoid paying such high insurance premiums?

Unfortunately there’s not a lot you can do to get around it. The fact remains that if you want to drive a car legally in the UK you need to get adequate insurance, and that often means you’ll be paying more than in the rest of Europe. But, if you make sure to shop around, you should be able to drive down the prices to something more reasonable.

Every insurance company will be able to offer different policies at different prices, so always spend the time to check. You could do this on your own, or to save yourself the hassle you could always check price comparison sites to find even better deals.

This will be the best way to avoid the often incredibly high insurance premiums that you can be faced with in the UK, and by shopping around you’ll be able to get the best you can for your money. You might also want to consider increasing your excess or going for a more basic level of cover instead of a comprehensive policy, and as long as you’re getting everything you need you shouldn’t have a problem.

So, although UK car insurance policies can often be expensive, there are things that you can do to reduce those premiums. Insurance is an unfortunate fact of life and while we may begrudge paying for it now it could well help us out later on, and if you remember to always do your research and find the best deals you can avoid breaking the bank.