Most People Unwilling To Downsize Even For Saving On Premiums
A recent study reveals that people looking for saving money on car insurance, might miss cheap comprehensive car insurance. By downsizing their car to a smaller motor, people can save money on their car insurance. The study also shows that most of the people are reluctant while downsizing their vehicle even if they are looking around for various ways to get cheaper car insurance.
A recent poll has unwrapped that 67 percent of people considered the running costs while deciding on a car insurance policy cover while less than twenty per cent stated that they are ready to trade their current vehicle with a smaller car.
The lowest percent of people willing to change their current vehicles for a smaller engine car went down to sixteen per cent. Young drivers were found to be more reluctant towards the idea of trading their present vehicle with a smaller one. Women, too, were against the idea. Even in financial situation where people are finding it hard to pay for their rents and other necessities, people are not willing to downsize their vehicle for smaller engine and less powerful vehicle even if such type of vehicle will help them in saving on their car insurance
For people who are not willing to change their current big cars with an undesirable smaller vehicle to save on car insurance, it is important to understand the benefits of downsizing the vehicle. Downsizing not only decreases your insurance premiums but also keep in control your fuel prices at the fuelling pump. If you are making monthly payments for your car, a smaller car would not cost much on your monthly budget.
If you are driving a big car and still looking forward to getting your hands on a cheaper comprehensive car insurance, it is better to compare car insurance before you get all set to buy one that would cost you much.
Article written by the marketing division of Compare.Com.