Shop around for car insurance. You can use comparethemarket.com , confused.com and moneysavingexpert and other comparison sites to compare deals. However, make sure you check the details of each policy. Prices may not always be accurate and policies have different levels of cover.
You may find some great deals and freebies by searching online and checking out individual company’s websites. Phone operatives may have the ability to negotiate the price of their quote, so if you haggle using details of other deals you have been offered, they may drop their prices to avoid losing business.
This covers you, passengers in your own car and damage to other people’s vehicles only. Fire and theft includes cover if your car is stolen or set on fire.
Includes cover for damage to your vehicle if you cause an accident and also covers accidental damage and vandalism. If you have one of these policies you can also drive hire cars and other people’s cars without extra insurance.
As with all insurance the less cover you have the cheaper it costs. So figure out what you need and then find the policy
Depending on your policy, you will surely have to pay an excess when you make a claim after an accident, but you will also lose your No Claims Bonus, which will increase your insurance when it comes o renew
Pay in full if you can. The insurance company will add extra money for paying monthly and buying over the internet could save more money.
Follow the same procedures as when first buying insurance for when you renew, as going with the same company as a new customer can bring extra benefits and a cheaper price.
Young drivers 18-25 will generally have higher premiums, so try to find insurance companies that will cater for your age group, such as 4youngdrivers.co.uk, onlyyoungdrivers.co.uk, co-operative insurance and Swinton.
Have a named driver, if they have been driving for longer and have a clean record, they can lower your premium
Take a Pass Plus test. Insurers can give up to 20% off if they know you have take a Plus Pass Test
Park in a garage or driveway to decrease the risk of theft and vandalism
Security devices such as alarms will reduce the policy as long as they are professionally fitted and approved by the insurer
Modified cars will increase the insurance premium
Don’t drive recklessly – keeping a clean licence will greatly reduce your insurance
Protect your No Claims Bonus
Reduce your yearly mileage. 10,000 miles a year is average, and keeping below that will earn you significant mileage discounts
Do not lie on your policy. This will invalidate your insurance and mean that you will not be able to get any money. You will also find it hard to get insurance in the future and could face criminal charges
Think about what car you have, a small car will be cheaper to insure and keep running compared to a giant expensive gas guzzler!