8 Easy Routes To Cheaper Car Insurance


8 Easy Routes To Cheaper Car Insurance

8 Easy Routes to​ Cheaper Car Insurance
Car insurance is​ one of​ the​ most expensive costs involved in​ driving a​ car,​ and it's not something you​ can avoid - a​ minimum level of​ insurance is​ required by law .​
That doesn't mean you​ have to​ blindly pay whatever your insurer quotes though,​ as​ there are several simple things you​ can do to​ reduce the​ cost of​ your premiums.
1) Shop around and buy online: Figures show that many people simply renew their current policies without shopping around .​
The internet makes it​ easy to​ compare prices from different insurers,​ so why not take advantage of​ this? Plus,​ you'll usually get a​ discount of​ 10% or​ more just for buying your policy online.
2) Policy type: do you​ really need a​ comprehensive policy with all the​ extras? Going for a​ third party fire & theft policy can reduce your premiums hugely,​ and is​ definitely worth considering if​ your car isn't an​ expensive model.
3) No claims discounts: Nearly all policies feature a​ discount that increases for every year you​ don't make a​ claim .​
The higher the​ discount available,​ the​ more you​ could save .​
Also look at​ insurers offering a​ 'no claims bonus for life' feature,​ where your current discount level can be fixed forever,​ even if​ you​ have to​ make a​ claim somewhere down the​ line.
4) Excess: the​ excess on​ a​ policy is​ the​ amount of​ a​ claim you​ have to​ pay before the​ insurer pays the​ rest .​
Choosing to​ have a​ higher than standard excess level will usually mean lower premiums.
5) Security: Fitting your vehicle with an​ alarm,​ immobiliser,​ or​ other security devices can lead to​ premium reductions .​
Parking you​ car off-road,​ for example on​ a​ driveway or​ in​ a​ garage,​ will also mean a​ cheaper policy.
6) Pay annually: Many insurers charge you​ interest for the​ privilege of​ paying in​ monthly installments .​
Pay annually if​ you​ can afford it​ to​ avoid this,​ or​ look for one of​ the​ companies who don't charge extra for monthly payment.
7) Mileage: the​ more mileage you​ run up every year,​ the​ more your insurance will cost .​
Even if​ you​ can't reduce your mileage,​ make sure you're not overestimating how much you​ actually do drive,​ and give your insurer an​ accurate figure.
8) Drivers: the​ more drivers you​ have on​ your policy,​ the​ more it​ will cost .​
Reduce the​ number of​ people insured to​ drive your car to​ the​ minimum possible,​ and try to​ get the​ policy in​ the​ name of​ a​ driver with the​ lowest risk profile .​
For example,​ if​ a​ car is​ driven by both a​ man and a​ woman,​ insuring it​ in​ the​ woman's name will often result in​ a​ cheaper quote.






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