Understanding Breakdown Insurance
Monday, March 9th, 2009As many of us have decided that we will be keeping our existing car at the moment, or at the least buying a newer one but avoiding a brand new car, certain auto services should be gaining some extra trade from this. In better words, new cars don’t need MOTs, but with older cars staying on the road and less new ones being bought there is a good chance that MOT and service centres will see an increase of work as this credit crunch progresses.
Another motoring service that should see an increase of call outs is the breakdown insurance business. That car that has not been behaving itself recently would probably be heading for a trade in, but with certain models been worth less than a can of beans (especially executive and for by four petrol models), many have decided that the vehicle is worth more to them, than what they would get as part ex.
However that does not take away the increased possibility of a breakdown or mechanical failure, this is where the breakdown insurance policies come in.
Car manufacturers normally have deals with breakdown insurance suppliers to cover that vehicle for the first year, but after that date you are on your own and will need to buy your own policy. In reaction to this, you can see some cheap options to keep you vehicle going. The AA are offering their roadside policy from £29 a year which matches the equivalent from the RAC, but Green Flag at least on paper are offering the cheapest breakdown insurance deal from £25 a year.
Of course these breakdown insurance policies are not exactly the same, so you should compare all the options and small print before you buy anything to ensure it suits your lifestyle and motoring requirements. A bit of money saved now, may cost you in the long run.
As the demand for used car parts increase also, any service that relates to older cars (not including classic cars) is also likely to stay in trade if they know how to market themselves.





