Top 10 tips to save money on your car insurance

Written by Paul Johnson

So, your car insurance is up for renewal…butrepparttar premium has gone up again! Shouldn’t it be going down! If you’re fed up paying too much for your car insurance duck2water ( have put togetherrepparttar 148787 top ten ways you can reduce your premium without reducingrepparttar 148788 level of cover:

1.Buy online Buying online can save you time and money. Companies who spend millions of pounds on advertising or run large call centres have to cover these costs somewhere, and they do so by adding these costs ontorepparttar 148789 price of your insurance premium. Although online insurers do have overheads, they are much less than high street and telephone insurers, which means they can offer car insurance at up to 60% cheaper than other companies.

2.Drive a cheap and less powerful car Car insurance companies calculate their premiums onrepparttar 148790 basis ofrepparttar 148791 car engine size,repparttar 148792 probability that it will get stolen andrepparttar 148793 cost of repairing it. Although smaller cars such as Ford Fiesta’s and Renault 5’s are more prone to being stolen than larger saloon cars, they are cheaper to repair or replace and are therefore cheaper to insure.

3.Build up a ‘no claims history’ Car insurance companies give discounts for safe drivers with a good no claims record. By building up your no claims history you can benefit from a reduction (up to 60%) off your premium, and this discount can be transferred from company to company. 4.Increase your car security More security means lower risk for your insurance company and you can benefit from cheaper rates by locking your car in a garage a night, or installing an insurance company approved immobiliser or tracker.

5.Increase your voluntary excess By deciding to pay a higher excess it also means you’re less likely to make a small claim on your insurance and are therefore considered a lower risk. 6.Obtain more driving qualifications The Pass Plus qualification costs between £100-150 and involves taking lessons in different driving conditions such as at night and onrepparttar 148794 motorway. By becoming a more skilled and experienced driver most insurance companies reward their customers by reducing their premium. As a result,repparttar 148795 qualification usually pays for itself withinrepparttar 148796 first year of qualifying. Another option isrepparttar 148797 advanced driving test, but this can take much more time to pass thanrepparttar 148798 Pass Plus.

A Beginner’s Guide to FOREX

Written by Mary McDowski

FOREX isrepparttar abbreviation forrepparttar 148786 Foreign Exchange market. FOREX is basically an international exchange market where currencies from all overrepparttar 148787 world are bought and sold for profit. The market today began inrepparttar 148788 1970’s. FOREX is a very unique market because it is not based in any particular place, and it also has very few qualifications for investing. FOREX is also free of external controls, andrepparttar 148789 investors (participants inrepparttar 148790 market) largely determine how much a currency is worth based on demand. Almost anyone can invest in FOREX, and there are strategies for investors who want to have long-term gains, and strategies for investors who desire short-term gains. The vast array of investors makes FOREX quite unique inrepparttar 148791 financial community.

The Workings of FOREX

FOREX is not centered at one place likerepparttar 148792 NYSE. The specific hours for FOREX trade are 24 hours a day from Sunday afternoon to Friday afternoon. FOREX transactions can take place at almost any time, anywhere, all overrepparttar 148793 world. There are FOREX dealers in almost all ofrepparttar 148794 time zones, and it is simple to find them. Many dealers can be found online. All an investor does is decide what currency he or she wants to purchase, contactrepparttar 148795 dealer, and then makesrepparttar 148796 purchase. Many investors purchase using a credit line (money they do not have). This is called marginal trading.

What is Marginal Trading?

Marginal trading is a term used for trading with borrowed capital. FOREX investments can be made without actually havingrepparttar 148797 money. All an investor needs to do is borrowrepparttar 148798 money for a certain currency. The investor wants to choose a currency that will increase in value quite rapidly. Oncerepparttar 148799 currency increases,repparttar 148800 investor pays backrepparttar 148801 money he or she borrowed and makes sheer profit. This is a high-risk investment, butrepparttar 148802 rewards are great (as with most high risk investments).

Two Types of FOREX Analytics

FOREX traders often have to analyzerepparttar 148803 market. Like all investments, FOREX involves a certain amount of calculated risk. Two ways to calculate these risks are though Technical Analysis and Fundamental Analysis.

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