Congratulations, you got yourself the car that you’ve always wanted, and now you get to take it out onto the open road to explore everything that Australia has to offer. However, before you put the key in the ignition and start the engine, you must have the necessary car insurance to remain legally on the road. In the event of an accident, the money that you have in your pocket and in your bank account, will most likely not be enough to cover all eventualities. What happens if someone loses their life, what happens if both vehicles are totalled and have to be replaced. You definitely won’t have the kind of money needed for that situation and so this is when car insurance becomes invaluable.

Cheaper Is Not Best.

Getting the right policy for you, however, is not as straightforward as you might think, and you really need to shop around and do the necessary research that is required. If you pick a policy just because it is the cheapest one out there, then you are probably making the wrong decision. Similarly, just because a policy is very expensive, it doesn’t mean that it is going to cover all eventualities. Most Canberra car dealers offer great insurance deals, but the terms and conditions need to be checked and you need to receive written assurances that everything the insurance salesman tells you, is in fact true. The following are some essential tips to make sure that you get the right car insurance policy for you.

• Try to lower your risk – There are a number of things that you can do to reduce the price of your insurance. You could make your car more secure by fitting an insurance approved alarm system or an immobiliser. You can start parking your car in your private driveway or garage, instead of being lazy and leaving it parked on the street. Once your insurance company sees that you are taking steps to protect your vehicle, they will reward you with a lower premium.

• Choose the right car – When you buy your car, be sure to choose a car that is practical and fits your needs. There is no point in buying a souped-up car with a massive engine because it sounds and looks great. When it comes to getting insurance for your car, your premiums will be massive. Choose a car with a smaller engine that has a proven safety record, and choose a popular brand because these are not as expensive to repair as more expensive vehicles.

• Be truthful about mileage – Your insurance company will want to know the distance that you travel in the year, because the less that you drive, the more insurable you are. If you’re on the road less than others, then the law of averages tell us that you are less likely to have an accident. This will be reflected in the price that you have to pay for your insurance.

These are just a few of the ways that you can reduce your insurance premium and save yourself some money. Many are simple to follow and it would be silly of you not to put them into practice.