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Every car owner has a responsibility to keep his or her vehicle safe and secure. This is not only to protect your own interests, but also those of other road users. Taking out an annual insurance policy is a small price to pay for the security it offers. All insurers will be more than happy to provide quotes for this type of policy that follows the terms of your standard car insurance policy. Some premiums are based on the proposed use of the vehicle and whether you have other cars which are not subject to annual policies. It is something you should discuss with your insurer before purchasing, as there may be certain discounts available for this type of cover. Another feature of annual insurance is that it does not only cover damage to the vehicle, but also any persons or property in event of a collision and any claims arising from such damages. You should therefore thoroughly research the types of cover available for different vehicle types and how each type will benefit your own vehicle. You can also see if there are any discounts or special offers available to help you in this decision. If you decide to take out an annual insurance, you need to make sure that the premium is reasonable and not too much of a strain on your finances. By doing this, you will be able to avoid any losses when the policy expires at the end of each 12 months and you would usually have time to reassess your options. Knowing what is covered under a policy and what is not, can be gained by ensuring that all terms are agreed upon before taking out the policy with your insurer.
