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Getting Short Term Car Insurance

By: Tom Martens

If you are researching short-term car insurance, you'll be sure to find out that prices are high, and could continue to rise. South Africa is a high risk environment for insurers. Knowing why and what you can do lower these costs for your situation is important in helping you make the right decisions.
First, why are the costs so high? Higher short-term insurance premiums are caused by the risks associated with car insurance, and South African roads have become considerably more treacherous lately. South Africa has one of the world's highest rates of traffic accidents and fatalities. Driving privileges have been extended to many people who don't know how to drive properly.
You will find that as more upgrades are offered on cars the price to insure those cars will also go up. And looking at history you will also find that younger drivers, 18-30, will pay the most for their insurance.
In the homeowners and household insurance market, the main influencing factor is fraud. Some estimate are that six to 10 percent of short term insurance claims are fraudulent. That amounts to more than R2 billion each year.Insurers must also consider car theft and hijackings as they calculate their premiums. The latest statistics show a decline in thefts, but the rate of hijackings continues to rise.
Now, how can you overcome these factors for your own personal situation? Even though you have no control over the number of fraudulent claims, you can keep their effects from impacting your premiums. Try making the offer to your insurer to submit to a polygraph test each time you submit a claim. Many will offer a substantial savings on your premium in return for your honesty.
You can decrease your auto insurance premium by increasing your deductible. Keep this in mind while you are comparing quotes. Just make sure that you can afford the higher deductible in case you have a claim.
Maintaining a clean driving record not only keeps you safe, but can also save you money. If your driving record isn't as clear as it could be, you can attend a driving course offered by car manufacturers or the Automobile Association. This can help clear negative history. Driving courses aren't just for bad drivers, however. A driver with a clean record can attend to possibly lower their insurance premiums.
It certainloy never hurts to install security devices. Not only will your rates be reduced, but your belongings will be secured. Devices that discourage car jacking, along with a global tracking system are wise choices to that end. If you can afford to do so, move out of neighborhoods known for elevated crime levels. Your car and homeowners insurance rates will decrease significantly.
The cheapest insurance is not always the best. Be sure the policy you choose provides adequate cover for your needs at a price you can afford.Finally, shop around for the best insurance rates. But be smart.

Article Source: http://www.article-voip.com

Tom Martens is the content syndication coordinator for Carinsurancesa.co.za. South Arica's leading car insurance portal.

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