How to Keep Car Insurance Costs Down

Owning a car means high costs and that’s even before you’ve taken your car insurance into account. Even if you’ve found that sporty convertible that you’ve been after for a long time at a cheaper price, you may be shocked by the insurance you’ll have to pay for this dream car.

Making sure your vehicle is insured is something that can’t be ignored but that doesn’t mean that there aren’t cheaper ways of insuring your car. Below are a few examples of how you can do this:

Search online

Many insurance companies will give you a discount if you buy online so make sure you do your research and compare car insurance quotes to find the best deal for you.

Don’t modify your car

Making changes to your car will affect your premium. Car manufacturers actually work closely with insurers so that they can insure car models to a standard, so if you modify your car, you will be changing what your car insurance has been based on and will therefore cut the number of insurers who will insure you as a result. If you do decide to modify your car, make sure you inform your insurer.

Drive carefully

People who drive carefully will build up a history of no claims and will therefore receive lower premiums.

Be secure

It pays to fit an alarm or immobiliser in your car, as does using your steering lock as this will deter thieves. Also, make use of your garage and store your car in there. If you have any detachable stereos or GPS devices then make sure they are removed from the car when you are not in it.

Voluntary excess

You can reduce your premium by agreeing to a voluntary excess. This is an amount that you have agreed to pay in the event of an accident.

Low mileage discounts

If you have a low annual mileage make sure you inform your insurer as this can help cut the cost of your car insurance by up to 15 per cent.

Pay in full each year

If it is possible try to pay your insurance in full each year as many insurers have a high rate of interest when you pay it off an a monthly basis.





Make sure you compare car insurance quotes when looking for a good deal.

Don’t modify your car as you will be changing what your car insurance policy has been based on.

Inform your insurer if you have a low annual mileage as this can help cut the cost of your car insurance by up to 15 per cent.