The Importance of Breakdown Cover for Performance Cars
Breaking down at the side of the road is never a good situation. Not only are you inconvenienced, but you could also face a hefty repair bill; particularly when it comes to high performance vehicles.
This is why it makes it particularly important for high performance vehicle owners to arrange for a breakdown cover policy to be in place.
Saving you money in the long run
If you suffer a breakdown or puncture at the side of the road it is recommended that you remain in your car and call for assistance; particularly if you are left stranded on a busy road such as a motorway, as leaving your vehicle could prove fatal.
Not having a breakdown cover policy in place could result in a £150 call-out fee in order to have the vehicle towed to the nearest garage by motorway services. With there being £29 breakdown cover policies available on MoneySupermarket.com which offer the same service on a number of occasions over the course of the year, it simply doesn't make sense to go without at least a basic policy. Not only would this save you money, but it would also speed up the time it takes to get you back on the road.
You do have the option to pay more for a breakdown cover policy which would contribute towards the cost of any repairs. In the event of an engine failure or some other costly breakdown this could prove to be invaluable; particularly for owners of high value performance cars.
These policies will often cost around about £140 per year, but could save you money in the longer term if you think that a vehicle failure is a real possibility. It's also still less expensive than the initial call-out fees which are often required by motorway services in the event of just one breakdown.
How can I reduce the cost of breakdown cover?
There are a number of steps you can take to reduce the cost of breakdown cover and make it a more affordable initial expense:
Choose your provider wiselyYou might get a cheaper deal by opting for a less well known company which doesn't have its own dedicated patrol teams. Some providers simple pay to enlist the services of local recovery companies on an individual basis whenever they are needed. This allows them to lower their overall financial commitments and hence offer cheaper deals.
However, this strategy also means that they have less control over the quality of the service that they provide. This may simply be a risk you are willing to take in order to benefit from cheaper annual premiums.
Cover levelsThere are two different types of breakdown cover policy available; personal or vehicle based. With vehicle based cover, the provider will guarantee to attend to any breakdown suffered by a named vehicle.
However, with a personal policy, the breakdown cover company will agree to help out in the event of a breakdown for any vehicle which the policy holder is present in; either as a driver or a passenger.
Compare dealsIf you already have a breakdown cover provider, they will be unlikely to offer you their cheapest possible rate when renewal time arrives as they will be banking on you being too lazy to compare deals elsewhere.
However, you would stand a better chance of finding the cheapest policy available to you by comparing deals available through as many different breakdown cover providers as possible.
The easiest way of doing this is by using a price comparison website such as MoneySupermarket, which compares deals available through over 10 different providers.
Buy OnlineMany breakdown cover providers will offer a discounted rate to motorists who purchase their policies online rather than over the phone. You would be wise to take advantage of this.