CAR INSURANCE NEWS UPDATE SERIES

Once the last piece of turkey has gone and the New Year toasts have fizzled out, has all the overspending during the festive season left you feeling a bit strapped for cash?  If so, you’re not alone. swiftcover.com, the 100% online insurance provider, is on hand with its New Year insurance deals and top savings tips to help beat the January financial blues.

1.       £50 Cash Back

If your car insurance is due for renewal in January or February, you could find yourself picking up a cheque for £50. swiftcover.com is offering £50 cash back to everyone who takes out a new car insurance policy with them during the month of January. 

2.       10% Discount for Green Drivers

swiftcover.com has introduced a new 10% discount deal for motorists who drive environmentally friendly cars to help encourage more drivers to ‘go green’**.  Drivers of the Honda Civic, Honda Insight, Lexis GS, Lexus RX and Toyota Prius with hybrid engines will now receive this discount on their car insurance premiums.  So why not start the year with a green resolution, which will help the environment and your wallet! 

3.       No additional premiums for drivers with one speeding conviction

The majority of insurers will pump up premiums for drivers who have picked up one speeding conviction, meaning you can be hit with extra insurance charges as well as a speeding fine. However, swiftcover.com does not charge extra for drivers unfortunate enough to have been flashed by a speed camera once but have no other claims.

4.       Invest in Annual Travel Insurance

Organise annual travel insurance, rather than buying separate single trip policies each time you go on holiday.  Recent research by swiftcover.com reveals that more than half of British holidaymakers*** now go abroad more than once a year - yet just 45% of frequent travellers buy multi-trip annual travel cover!  Buying annual travel insurance can save you forking out for travel insurance twice over, and you’ll avoid the risk of not being covered on last minute breaks – so now is the time to do it.

5.       Go Online

And finally, go online to shop around for the best insurance deals. swiftcover.com is 100% online, so the costs of running large call centres are cut and the savings are passed on to its customers.

Tina Shortle, Marketing Director at swiftcover.com, comments: “Finances may be the last thing you want to think about but the New Year is the best time to trim the fat so review your insurance policies now. In January there are a lot of discounts around to help save money, so take advantage of them – just think of what £396 can buy you – cheap flights for a family holiday even. Taking steps now to renew your car, travel and pet cover can help save you time, hassle and money, and also helps prevent panic to renew policies at the last minute if you forget later in the year!”