Paying for car insurance is no small chunk of change. According to Confused.com’s car insurance price index, at the end of 2021 motorists paid £539 for their car insurance, on average. Your car insurance premium (the price you pay for the policy) depends on several factors. And different insurers work things out in their own way.
So, it can be confusing to know what you can do to get low car insurance costs. Let us share our secrets with you. 
Model car spilling out of a jar of money

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Switch your car insurance provider and get a better deal

now, insurers ca n’t charge a firm customer any more than a new customer for a like for like policy. This newfangled indemnity regulation came into force on 1 January 2022 .
This might lead you to believe that your insurance price wo n’t go up at refilling, or could tied be cheaper. unfortunately this may not be the case .
many factors affect the monetary value of indemnity, and at the conclusion of last class, car policy prices saw the biggest increase in 12 months. That ‘s according to our car insurance price exponent, powered by Willis Towers Watson .
therefore, even if your car insurance refilling monetary value is n’t that much unlike from last year, it ‘s deserving taking a look elsewhere .
You might be able to find a similar policy with another provider and slash your costs in minutes good by comparing cable car policy quotes .
And golden for you, that ‘s something we ‘re quite good at .

Compare car insurance quotes

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Remember, if you find a cheaper deal and decide to switch your policy provider before your reclamation date, you might have to pay a fee for cancelling your car policy .

Pay for your car insurance annually

Where you can, paying for your policy annually tends to be cheaper .
While paying for your car indemnity policy in monthly instalments might help you budget more effectively, it ’ s probable to bump up the monetary value .
That ’ mho because indemnity companies tend to add interest onto these payments, making you pay more than you need to .
If you ’ re able to do sol, one option could be to use a credit wag with 0 % interest on purchases. That way you silent get the benefit of budgeting monthly without the lend charges on clear .

Be accurate with your mileage

It ’ south worth thinking about how much you use your car, and give an accurate figure when getting a car insurance quote .
generally, the more miles you drive, the more at gamble you might be of making a claim. It stands to reason that this could increase your car indemnity costs .
so, driving fewer miles could help shave some pounds off your premium .
But don ’ metric ton assume that a reduced mileage means reduced prices. If you barely drive at all, your insurance company could see that as a risk adenine well .
The trick is not under- or over-estimating your mileage. Check the clock and get the real number. You could evening compare your last two MOT reports for a rough mind of how much mileage you do in a year .

Enhance your security

The hard it is to steal your car, the less of a gamble it is. This normally means lower insurance prices .
There are a number of ways you could improve your car security including :

  • Installing a Thatcham-approved car dismay or immobiliser. Most cars made after 1997 have an engine immobiliser and alarm fitted as standard
  • Adding secondary levels of security like a steering lock
  • Parking in a secure, well-lit cable car park
  • Considering a tracker device to recover your car if it ’ mho stolen .

Consider a telematics policy

A telematics ( black box ) policy helps tailor your insurance costs based on how, when and how much you drive .
There could be some restrictions on how you use your car with a black box for example, driving curfews or mileage caps. But if you prove yourself to be a condom, reasonable driver, you could see your costs go down .

Consider how you use your car

Make certain your policy reflects the way you use your car .
If you ‘re only using it to drive to the shops, you do n’t need a policy that covers commuting. Likewise, if you start using your car to make deliveries on the weekend, you might need business car insurance .
What course of use you go for could have an impact on the price you pay. And being inaccurate could mean any future claims could be invalid .
Some people assume that a third-party-fire-and-theft policy is cheaper than a comprehensive cable car indemnity policy .
This is n’t always true. They ‘re often more expensive. This could be due to higher-risk drivers going for a lower horizontal surface of cover in an try to lower their costs .
indeed, it ’ sulfur wise to choose the kind of policy that actually suits your needs .

Watch out for extras you don’t need

Do you need add-ons like :
You might get some of these add-ons as part of another policy, or with your bank, for exercise .
And you might find that it could be cheaper to buy these extras as separate policies rather than bolting them onto your existing policy .
even if you do need these extras, you might still be able to save a morsel of money. Do you truly need breakdown cover with european coverage if you don ’ metric ton design on driving overseas ?
Remember to shop around for these add-ons besides.

Increase your voluntary excess

Your car insurance excess is what you ‘d have to pay out if you made a claim. then only set your voluntary excess to what you ‘re comfortable with .
You can ’ triiodothyronine change your compulsory excess, but you can change your voluntary excess .
A higher volunteer excess tends to mean a lower policy price. But bear in heed that this could lower your payout if you make a title in future .

Check your job title

Your caper affects your life style, which affects how you drive. tied if you do n’t drive as part of your job, it could hush have an impact .
An office worker, for exemplar, might only drive their car to work and back on the 9-5 commute. But person who does security at a cabaret might drive in a busy city center at unsociable hours .
These two jobs have vastly different driving habits and would likely be reflected in their premiums .
There are besides many ways to describe the same job, and different policy companies might use slight variations of similar job titles. This means your price could change depending on the specific speculate title you use so it ’ south worth looking at the most relevant variations to see how it could impact your price .
Remember that it ’ randomness authoritative to be ampere accurate as you can when describing your occupation, to make certain you ‘re getting the right tied of cover .

Think about your named drivers

sometimes, adding a named driver to your car insurance policy could result in a lower premium. This could happen when the named driver is older or has more experience .
But having many drivers on your policy could mean higher indemnity costs. This is specially true if they ‘re younger drivers, as they tend to be a higher risk .
If you ‘ve got a supporter of kin member on your policy and they do n’t drive your car, consider removing them. If they only need to use your car for a few days or hours, they could alternatively get impermanent car policy .

Downsize or change your car

The kind of cable car you drive could have a big impact on your indemnity price. This is gloomy to a few factors :

  • How much the car is worth
  • What cable car insurance group it belongs to
  • Whether the cable car is a luxury or a performance exemplar .
  • The engine size .

More expensive cars could be more desirable to thieves. And a more powerful car could mean more expensive price claims. This all adds up to an increased hazard .
The general principle is the bigger and more expensive a car is, the higher your policy might be. These bigger cars might besides come with increase car tax costs .

Obey the law

Having a motoring conviction and points on your license make you look like a bigger risk to insurers. so, keep your license clean to keep your costs first gear .
The DLVA keeps most points on your license for four years. But policy companies keep them on their records for five .
And if you have more serious convictions such as drink-driving and drive without insurance, you could see that your options for screen are more qualify .
Remember that you must declare all active motoring convictions to your policy company when you get your policy. If you don ’ t you risk invalidating your policy .

Build and protect your no-claims bonus

Every year you go without making a claim on your car indemnity adds to your no-claims bonus .
The more bonus you rack up, the bigger a rebate you get on your policy .
Every time you make a claim, your no-claims bonus gets reduced, normally by two years. then you get the double whammy of having a claim on your policy deoxyadenosine monophosphate well as the miss of no-claims bonus to raise your insurance costs .
so, it pays to be careful and not take risks when driving to reduce the hazard of making a claim .
Another option you have is to get protect no-claims bonus. This is an accessory to your policy that allows you to make a certain number of claims without your no-claims bonus being affected .

Never leave it until the last minute

Being organised is normally the best course of action when sorting out your cable car indemnity .
You should get your refilling letter from your insurance company around three weeks before the reclamation days .
The letter should tell you what you paid for your car indemnity final year, a well as what your policy will cost this class .
strike while the iron ’ mho hot. by and large, the close to your renewal date you get, the more expensive other quotes could become .
thus, a soon as you get that refilling letter, it ’ sulfur worth shop around and comparing the quotes you get with your refilling price .
For the sake of five minutes ’ readiness, you could shave off hundreds of pounds .

Take a driving course

The more repel feel you have, the lesser the hazard of you making a claim. thus, it could be worth considering a Pass Plus course to get some advance driving skills under your belt .
Pass Plus courses give you exercise and assurance when drive in a act of riskier situations including :
If you ’ re better able to drive in these conditions, your chances of making a title should be less. And less risk could besides mean lower car insurance prices.

Pay attention to administration charges

If you ’ re making changes to your policy as contribution of your renewal or comparing quotes, you shouldn ’ t need to worry about admin charges .
But if you need to cancel your car indemnity or change your policy mid-term, you might wind up paying extra in admin fees .
Get in touch with your insurance company and ask about what changes they charge for. Although you must keep your insurance company up-to-date about any changes that could affect the policy, you could lump multiple changes into one and only pay one admin charge .

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