Car i urance is compulsory, but it's not nece ary to pay more than you have to. A few simple ste co
Car i urance is compulsory, but it's not nece ary to pay more than you have to. A few simple ste combined with some time surfing for competitive car i urance rates really can save you serious money at renewal time.
Step 1 - Cut the Risk and Cut the Cost
The easiest way to cut your car i urance premiums is to cut the risk and accept a higher voluntary exce . An i urer's standard exce may be 100 but if you meet the first 250 of any claim, you'll see a reduction in your premium. This is because you're taking on more of the risk so you get a discount. But it's a gamble, be aware that you might have to meet the cost of a broken window after an attempted theft or a bill for repairing bodywork damage after a car park crunch.
Step 2 - Security Mea Savings
Fitting security devices can also result in cheap car i urance premiums. All major i urers i ist on Thatcham rated security equipment, usually a minimum of an alarm. If you live in a high-risk area for car crime, it makes se e to fit extra security. It saves you money when your i urance renewal is due and gives you extra peace of mind.
Step 3 - A ual Mileage, Le Mea More in Your Pocket
If your a ual mileage is, 5,000 miles or le , ask i urers if they offer discounts for agreed mileage restrictio .
Step 4 - Named Drivers Trick
Adding a named driver to your policy can increase or reduce your premiums depending upon the named drivers age, sex and driving record. Adding a young driver will increase your premiums, particularly with a limited or poor driving record. However, adding a driver over 30 years old with a long and clean driving record can cut premiums, particularly if the named driver is female!
Step 5 - Shop Around and Save Even More
The biggest car i urance savings come from sho ing around. There can be ma ive differences between the lowest and highest car i urance quotes for exactly the same car and driver(s). Start off using good comparitive online quotation sites, take their best quotes and go direct to the cheapest car i urance company for more ecific quotes.
So next time your renewal quote arrives, don't just accept it and give your money away to the i urance company. Use the ste above and get the right cover at the right price.
Step 1 - Cut the Risk and Cut the Cost
The easiest way to cut your car i urance premiums is to cut the risk and accept a higher voluntary exce . An i urer's standard exce may be 100 but if you meet the first 250 of any claim, you'll see a reduction in your premium. This is because you're taking on more of the risk so you get a discount. But it's a gamble, be aware that you might have to meet the cost of a broken window after an attempted theft or a bill for repairing bodywork damage after a car park crunch.
Step 2 - Security Mea Savings
Fitting security devices can also result in cheap car i urance premiums. All major i urers i ist on Thatcham rated security equipment, usually a minimum of an alarm. If you live in a high-risk area for car crime, it makes se e to fit extra security. It saves you money when your i urance renewal is due and gives you extra peace of mind.
Step 3 - A ual Mileage, Le Mea More in Your Pocket
If your a ual mileage is, 5,000 miles or le , ask i urers if they offer discounts for agreed mileage restrictio .
Step 4 - Named Drivers Trick
Adding a named driver to your policy can increase or reduce your premiums depending upon the named drivers age, sex and driving record. Adding a young driver will increase your premiums, particularly with a limited or poor driving record. However, adding a driver over 30 years old with a long and clean driving record can cut premiums, particularly if the named driver is female!
Step 5 - Shop Around and Save Even More
The biggest car i urance savings come from sho ing around. There can be ma ive differences between the lowest and highest car i urance quotes for exactly the same car and driver(s). Start off using good comparitive online quotation sites, take their best quotes and go direct to the cheapest car i urance company for more ecific quotes.
So next time your renewal quote arrives, don't just accept it and give your money away to the i urance company. Use the ste above and get the right cover at the right price.
