Car insurance is a necessity, but often an expensive addition to our monthly outgoings. But it doesn’t need to be this way. Saving on your car insurance is easy with these simple steps.
Keep your car’s security up to date
The cost of your car insurance depends on a number of things, from your age, sex, job to where you live. But there are a few things within your control that you can change to get your premium lowered. The first is your car’s security. If you have a garage, make sure you use it. Don’t leave your car sitting on the driveway or on the street. By letting your insurer know that your car is tucked away at night in your secure garage, you are telling them that it is less likely to be stolen, therefore you’re less likely to make a claim on your car. You should also look at the general security of your car. By fitting it with a decent alarm system or tracking device, you are showing your insurer that your car is secure and unlikely to be targeted by thieves. Declaring your car’s security features could help to lower your insurance payments.
Haggle with insurers
Even if you find a great deal which is generally cheap, you should still aim for a lower price! Speak to the insurance company directly and see if you can haggle your way into a more affordable insurance policy. Some insurers may offer combo packages alongside other insurance policies, or they may reward loyal customers, so ask before you miss out.
Avoid monthly payments
Paying for your car insurance in monthly direct debit installments may be handy, but it can also be more expensive. You are more likely to be hit with high interest rates when making monthly payments. If you can avoid it, you should. Instead aim for annual lump sum payments, which may seem daunting at first, but will benefit you in the long run.
Shake off any unnecessary extras
Take a good look at your insurance policy and you might find a few unnecessary extras that you are paying for. This could include windscreen cover or a courtesy car in the event of a breakdown. Ask yourself if you really need these extras and ensure that you’re not paying for these extras elsewhere. Look at a full breakdown of your insurance and get rid of any unnecessary costly extras.
Don’t wait too long to switch
Switching insurer on the day your insurance expires could end up costing you more money as you will be more desperate to find a deal as soon as possible, regardless of price. Switching weeks in advance can save you money and stress.
The best way of saving money on your car insurance is to compare all of the insurers and policies online before you commit to one. You can do this on our price comparison website which shows you all of the car insurance policies available to you, the specific details of each policy and the premium quotes. You can then sift through your options and make an informed decision. You can pick the deal which is not only right for your car, but also your wallet