The new car registration plates will help you in keeping your car insurance premium down. The benefits of the new car registration plates have delayed many car purchases till March, as the car owners want to get the new plates for their car.
It is a common perception that newer cars need high motor insurance premium than older one but with new car registration plates, you can easily save on the car insurance. According to a survey, the insurance premium of 2011 model cars is less than 5-10 years old cars.
The car insurance premium is rising and the car owners are searching the ways to save on their insurance premium. The new cars are now available with unexpected car insurance premium that will save a lot of money. The car insurance quotes at car insurance comparison site also favour the drivers with new car registration plates. The motorists can enjoy good discount on their insurance premium due to new registration plate even if they have new car.
The car insurance premium is a deciding factor while purchasing a car. The car dealers offer various lucrative offers to the customers while selling the car that you get good discount on your policy. Sometimes the car owner gets a whole year insurance free, which makes the car purchase completely affordable for the driver.
After enjoying the benefit of insurance at the time of purchase, the driver can shop around to search for a good car insurance policy. The car insurance providers offer lucrative deal to the car owner during the first season but after that they hike their insurance premium. While renewing the insurance policy from existing provider you might lose money so it is better to search a good insurance provider in accordance with your circumstances.