10 ways to save money on your car insurance

The average cost of car insurance in the UK is £600 a year. (Confused.com)

But with these 10 steps, there are practical and clever ways to save money on your car insurance.

1. Use a comparison site or broker

By applying for car insurance through a comparison site or broker, you can save money by comparing a number of deals from various insurance providers. Some brokers will also include introductory deals such as free breakdown cover or cashback.

2. Pay annually, not monthly

Whilst it might be more convenient to split up your car insurance payments in monthly instalments, insurance companies may charge you up to £200 extra for doing so.

It is therefore cheaper to pay your premium in one lump sum.

3. Reduce your mileage

Car premiums are assessed largely on how much mileage you do – so the less miles you drive, the less you pay.

In fact, if you can drive less than the AA’s 12,000 average miles a year, it will reduce the cost of your policy.

4. Increase the safety features for your vehicle

Car insurance companies will lower the cost of your premium if you have added safety features on your vehicle including a working alarm, plastic cover or locking it in your garage.

The idea is that a secure car is less likely to be stolen, so your premium will be less to reflect this.

5. Build up a no claims discount

By not making a claim, you are able to benefit from a ‘no claims discount’ which gives you a discount which increases year by year, eventually allowing you to save up 65% on your car insurance. If you don’t make claims, it suggests that you are a safe driver who isn’t involved in accidents or you have decided to pay for repairs out of your own pocket.

6. Get multi car insurance

If you have more than one car or pay for insurance for other people (such as family), you can apply for ‘multi car insurance’ which gives you a discount for insuring multiple cars.

7. Do Pass Plus

Insurance companies give better premiums to safer drivers. If you are a new driver, you can do the Pass Plus Scheme which costs £180 and takes only 6 hours to complete.

This qualification is hugely respected by insurers who can reduce your policy by 30% to 40% as a result.

8. Avoid modifications

Any added modifications to your vehicle including speakers, rims or spoilers will increase the cost of your premium as your car becomes more expensive to repair and replace.

By simply avoiding modifications, you can save money on your car insurance.

9. Don’t auto-renew at the end of the year

By renewing your existing car insurance policy at the end of the year, you could be missing out on new insurance discounts and products.

Once your year is up, it is worth speaking to a broker again to see if you can make the most of any new deals and introductory bonuses.

10. Get a blackbox

A blackbox is a little box the size of a smart phone which you place in your vehicle. Also known as a ‘telematics box,’ it uses satellites to monitor your driving, including your speed, braking and turning.

The information is fed back to your insurer who will lower your premium if it proves that you are a safe driver.

We hope you have found this guide useful! For more information and market-beating quotes

on car insurance, please visit:

https://callwiser.co.uk/car-insurance