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The Hidden Costs of Car Insurance: What to Look Out For
Most people know that they need car insurance for a few key reasons: it is mandatory, and it will help you if you are in an accident. But there are some hidden extras within those numbers that most drivers don’t know (or think) about that can catch you out with higher premiums or not paying up when you need it. Here are some hidden costs you’ll want to keep in mind when you start looking for car insurance in Limerick or anywhere else.

The Excess or Deductible
When you pick out a car insurance policy, you might have the choice of getting a high excess (deductible) or a low one. The low one sounds great — you pay less out-of-pocket when you have to claim an accident or theft. But you’re basically paying more money in advance to pay less when something happens. A low deductible is a more expensive option, so high excess equals a cheaper car policy. A high excess results in a lower monthly payment (extreme example: car insurance isn’t for you if you can’t afford to replace your A6). The correct option is a balancing act between your budget and how risk-averse you are.
Optional Coverage You May Not Use
In addition to the standard risk you insure against (e.g., fire and theft), many car insurance providers have add-ons that’ll help you out in other situations. One insurance firm may insure natural events and animals (a good choice for drivers living in the countryside and some parts of the West of Ireland), but, likely, the average Limerick driver will never have a reason to use it. For someone who’s very prone to accidents, the additional coverage might work out. Either way, don’t let the marketing win out.
Age-Related Costs
In Limerick and everywhere, insurance providers charge drivers in certain age groups higher rates based on certain risk factors. People with less experience behind the wheel generally tend to be riskier drivers. Consequently, older individuals are statistically less likely to be in a car accident as they have many years of driving experience under their belt. Any driver under the age of 25 can expect to be charged more than the average person. Do not think you are out of the woods if you are an older individual. If you have a health issue or a physical ailment that reduces your effectiveness behind the wheel, your rates might be set upward as well. While you will have to deal with prices unique to your age, chances are that your insurer offers discounts and incentives specifically designed for older drivers.
Location-Based Fees
When you confirm Limerick car insurance — or insurance of any type — you will be charged primarily based on where you dwell. If you are located in the city centre or another location where there are plenty of commuters and corresponding car accidents, you will be billed more than the average person. If you dwell in the suburbs or out in the country with fewer autos on the road, you will be billed less.