17 August 2011

pay car insurance premium using a zero per cent purchase credit card

pay car insurance premium using a zero per cent purchase credit card ; As car insurance premiums rose by 31 per cent in 2010, and with similar rises occurring earlier in 2011, drivers looking to keep car insurance costs manageable may opt for the convenience of monthly instalments.

Running a car isn't cheap, made worse by the rising fuel costs we have seen recently. The cost of car insurance can be a huge strain on your finances so paying for your car cover on a monthly basis is a good way of keeping your initial outlay for car insurance down. However, while this may be a more convenient and manageable way to pay for your cover, it's crucial to make sure you're aware of the additional costs involved. It is also necessary you scour the whole market to ensure you find the most reasonably priced deal. Insurers can also play a part in helping motorists by not charging more than they need.

Motorists could consider other financially-savvy ways to pay for their car insurance premium, such as using a zero per cent purchase credit card,

By putting the cost of the premium on to a zero per cent purchase credit card, drivers can pay for their policy in monthly instalments without paying interest. There are a number of zero per cent purchase cards on the market, so if you are eligible, you'll only pay for the original price of your policy. However, you need to be disciplined if you use a credit card, and aim to pay off the balance before the end of the promotional period, and within 12 months if the promotion is longer otherwise you will still be paying when your insurance is up for renewal


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