Getting car insurance: The defining moment of adulting
Getting a car is probably high on the list of ‘best things ever’ but with it comes one of the most hated decisions… Which car insurance should I use? Let’s face it, with the crazies on the road these days you cannot really afford not to have car insurance, the trouble is choosing the right one for you. That is, if you even know what to look out for when comparing insurance companies. It all becomes quite a headache and brings to mind those memes about adulting… You know the ones…
I, like many of you, have had endless hassles with insurance companies. You often pay high monthly premiums only for them to find some reason why they won’t cover the repairs to your car, and then every year they just keep making you pay more and more. This is why I was intrigued to hear about King Price insurance. They offer insurance premiums that decrease every month… That’s right, they decrease… Every month. I mean talk about disrupting the insurance business.
How it works: You choose an excess amount that suits your budget and then they do sums to factor in your car’s value and your personal risk profile, and they then charge you your monthly premium. Sounds pretty similar to your current insurance, right? Well, where they differ is that if you choose a higher excess your monthly premium will be lower and it will then just keep decreasing every month, in line with your car’s depreciating value.
So, instead of your hard earned wages flying out your bank account as soon as you get the SMS notifying you have been paid, you can pay a low premium that keeps getting lower, and put money aside for rainy days and holidays.
Of course, if you do have an accident, or your car gets stolen, you will have to pay the excess amount you chose, so best to save up for that first and keep it somewhere you can’t touch it until you need to.
To add to that they also offer multiple car discount:
1 car = super cheap insurance.
2 cars = 10% discount on both cars.
3 cars = 15% discount on all 3 cars.
4+ cars = 20% discount on all your cars.
So, not only are you paying less the more cars you insure, you will still be paying less every month as your premium decreases.
Don’t just take my word for it, contact them today to find out all the ins and outs, and the fine print.
Word: They even take care to write their ‘fine print’ in plain, everyday English, so you know exactly what you’re signing up for.