| As a stay at home mother, the official title of "mum" is | | | | automated process that includes a few more |
| an endearment that includes a hefty job description. In | | | | questions about you, your lifestyle and your driving |
| these tight economic times, that job description has | | | | habits. Thanks to the speed of the technology, you can |
| likely been expanded to include finding new ways to | | | | still get a quote online in practically no time, even though |
| stretch the household budget. One way to find extra | | | | you will be answering a few more questions about |
| room in your budget is by re-examining your car | | | | yourself. |
| insurance cover. | | | | The result will be a premium that accurately reflects |
| Most car insurance cover is issued on a standardized | | | | the real risk profile of a stay at home mum. This is |
| basis. Consumers have indicated they want fast, easy | | | | usually a noticeably lower car insurance premium than |
| car insurance quotations. In their quest to give | | | | that being paid by a corporate warrior. After all, since |
| customers what they want, car insurance companies | | | | most of the driving being done by a stay at home |
| base their quotes on assumed driving and parking | | | | mum consists of short trips to playgroups, the |
| habits that don't always reflect the true risk As a | | | | supermarket, or the store, they shouldn't be paying the |
| result, many Australians, and especially stay at home | | | | same rates as someone commuting long distances to |
| mums, may be paying too much for their car insurance | | | | work each day. |
| cover. | | | | The distance driven isn't the only factor that will lower |
| To be perfectly frank, the driving habits of a corporate | | | | insurance costs. Mums tend to drive in suburban areas |
| warrior are nothing like those of a mother. Office | | | | and planned community zones, avoiding risky highway |
| workers are driving in peak traffic hours every day, | | | | and inner-city driving. The car also spends more of its |
| some long distances, and parking in less than perfectly | | | | time parked safely at home, which usually is an area |
| secure inner-city car parks. Stay at home mums are | | | | with a reduced risk of hit-and-run accidents or |
| driving in off peak hours, running short errands, and | | | | break-ins that corporate types may face in their |
| parking at home or in spacious suburban zones. | | | | unmonitored car parks. |
| The contrast between the two risk profiles is obvious, | | | | So, by looking for a way to provide additional detail |
| so it's a bit of a shame that insurance premiums are | | | | about your driving and parking habits, you may lower |
| charged the same for both. All too often, due to the | | | | your insurance premium through more tailor made |
| assumptions made by insurance companies eager to | | | | risk-based premium pricing. It's something a little |
| offer a quick quote, the offered rates are not | | | | different and a bit more inquisitive than the usual |
| reflective of the real risk levels. This pricing formula is | | | | process, but the savings are real. This is a painless |
| an area of opportunity for stay at home mums looking | | | | way to ensure you are only paying for how you use |
| to save money. | | | | your car, which may give you more money to spend |
| There is new insurance technology out that offers a | | | | on other, more important items for your family. |
| more in-depth car insurance quotation process. It's an | | | | |