Discount Car Insurance

Can Discount Car Insurance Be Too Cheap?

Frankly, yes. It’s tempting to think that a vast range of companies offering ultra cheap, discount car insurance is a good thing until you ask yourself a few questions and look at the figures:

• If the motor vehicle insurance rate is discounted too low it may leave the company with a minimal profit margin for supporting and advancing infrastructure, offering an acceptable level of Customer Service and long-term security.
• Consider, is the discounted rate low because it doesn’t adequately cover the market value of your vehicle? Insufficient auto insurance cover can lead to financial hardship if you lose one of your most valuable possessions and have not received sufficient compensation from the auto insurance company to repay any finance that maybe outstanding.

It is not our intention to ‘scare you off’ but simply to point out some of the areas to be considered when comparing discounted car insurance quotes. After all, 1Cover offer discounted car insurance so it is certainly not all bad news.

Predominantly, 1Cover is able to offer budget car insurance because we are an online car insurance agency, thereby keeping our running costs down and passing the savings onto you.

We do not offer across the board cheap car insurance but are able to offer the following discounts*, amongst others, based on the reliability, safe driving record and unique needs of our clients. Discounts such as:

• Safe driver discount
• Restricted driver discount
• Named driver discount

As you can see, there is more to Discount Car Insurance than the price. There is nothing wrong with going for the cheapest rate providing you fully understand and accept the conditions of your policy.

Auto insurance is a fantastic peace of mind in our fast paced world. However staying alert and observing the speed limits and road rules to safeguard your life and the lives of your loved ones is worth far more.

1Cover management and staff wish you safe driving.

* Minimum premiums may apply. Any discounts/entitlements only apply to the extent any minimum premium is not reached. If you are eligible for more than one, we also apply each of them in a predetermined order to the premium (excluding taxes and government charges) as reduced by any prior applied discounts/entitlements.