Getting the best deal on your car insurance does not mean that you have to forgo the security of being covered by a well-known insurer. There are many ways of tailoring the policy and considerations you need to make to provide the cover you need at a lower cost.
All policies have an ‘excess’ – that is the amount you will have to fork out if you make a claim on your car insurance. It can range from £50 upwards. However, choose to pay an additional excess on top of the compulsory excess and you’ll pay a lower premium.
If your car is garaged overnight or on your driveway, you’ll pay a lower premium than if it was left in the street.
And those who live in the country will pay less than someone living in an inner-city.
While you may be able to pick up a second hand Porsche at a bargain price, you’ll more than make up it for the cost of insurance. Check out the group – the lower the group number, the lower the premium.
Limit the number of drivers on your vehicle and you’ll get a better deal on your insurance.
5 Age, sex and occupation
These can all have an effect on your premiums, as can part-time jobs.
6 Modifications and security
A modified car will attract higher premiums.
Check the security levels on your car: immobilisers, a steering lock, and a detachable stereo could help reduce your premiums.
7 Shop Around
Don’t automatically accept your current insurers’ quote at renewal time – shop around. Use our directory of car insurance providers to find the best deal for you.