Proven Ways To Get Cheaper Car Insurance

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Discover our proven tips for saving money on your car insurance.


<ul><li><p> 5 Proven Ways to Get Cheaper Car Insurance </p><p>New drivers are often surprised at just how expensive car insurance can be. However with a little </p><p>insider knowledge its possible to save a lot of money. Even better, you wont even have to reduce </p><p>your level of cover in order to save money on your car insurance policy. </p><p>Read on to uncover some of the most effective strategies for getting the cheapest car insurance </p><p>possible. </p><p>Invest In Excess Insurance </p><p>Possibly the easiest way to start saving money on your car insurance is by insuring your excess. It </p><p>sounds odd, so let me explain a little further. In essence, a car insurance policy typically consists of </p><p>two parts; the excess that you pay in the case of a claim, and the main insurance premium. So, for </p><p>example, you might agree to pay the first 100 of any claim, and then receive a small discount on </p><p>the cost of your car insurance policy. </p><p>It goes without saying that the larger the excess you opt for, the cheaper your insurance policy will </p><p>be. This is because the insurance company is at less risk of having to pay out in the case of an </p><p>accident. </p><p>The problem for most people is that agreeing to a 400 car insurance excess (for example) is a risk. If </p><p>an accident happens, they may have to find anything up to 400 for emergency repairs before their </p><p>insurance policy actually starts paying out at all. Thats clearly quite a lot of money. </p><p>Excess insurance is the magic that makes all this possible, and allows you to save money on your </p><p>car insurance without worrying about the cost of your excess. In essence you simply select a car </p><p>insurance policy with a large excess, then use a company like to actually insure </p><p>your excess. </p><p>In this way your financial risk isnt equivalent to the value of your excess but is in fact far lower. The </p><p>reason is that if you need to make a claim, and hence need to pay some or all of your excess, your </p><p>excess insurance kicks in, helping to cover the cost for you. </p><p>Do the maths of selecting a much higher excess and then insuring this for a small monthly sum </p><p>and youll often be able to get top-rate car insurance for much less than other drivers are paying. </p><p>Drive Shorter Distances </p><p>One key factor that car insurance firms look at when deciding on the cost of insuring you is just how </p><p>far you drive each year. For obvious reasons, the further you drive, the more risk youre exposed to. </p><p>In contrast, drivers who only travel a minimal distance each year are typically the safest drivers - </p><p>simply because theyre on the road less, and therefore are less likely to be involved in an accident. </p><p>While driving less wont be an option for everyone, some people have discovered that by driving </p><p>shorter distances and either car sharing or taking public transport, they can actually save a </p></li><li><p>considerable amount of money on their car insurance each year. It just depends really on whether </p><p>this financial saving is worth the trouble of finding other means of getting around. </p><p>Maintain Your No Claims Discount </p><p>The longer it is since you last made an insurance claim the lower your premiums will be typically. </p><p>After all, it makes sense for car insurance companies to reward safer drivers that dont make claims, </p><p>while ensuring that more dangerous or accident-prone drivers are paying into the pot to cover the </p><p>costs of repair in the case of an accident. </p><p>Increasingly though car insurance providers are giving opportunities to actually insure your no claim </p><p>discount. In this way, if youre involved in an accident that isnt your fault, you wont lose your no </p><p>claims discount the next time you need to renew your policy. </p><p>Be aware that not all insurance companies offer this, so youd be well advised to shop around before </p><p>signing up for your next policy to ensure that you select a provider that rewards careful drivers like </p><p>you. </p><p>Drive a Smaller Car </p><p>Bigger, more powerful cars are allegedly more likely to be involved in an accident; especially if </p><p>theyre driven by a younger or less experienced driver. The moral of the story is this: dont buy a </p><p>more powerful car than you really need or youll probably end up paying a premium for it. </p><p>Instead, try to figure out what the smallest car you need is and buy that one. Not only are smaller </p><p>cars generally more fuel efficient and easier to park, youll also probably find that your insurance </p><p>quotes drop in line with your new smaller engine size. </p><p>Increase Your Motoring Experience </p><p>While we all have to pass a basic driving test in order to be allowed to drive legally in the UK, there </p><p>are further advanced driving courses one can take afterwards. The aim of these courses is to </p><p>improve and develop your driving skills, especially in riskier or more dangerous environments like </p><p>driving at night or in towns and cities. </p><p>However while such courses will cost you extra money, they can prove to be a worthy investment. </p><p>The reason is that many car insurance companies offer additional discounts for people possessing an </p><p>advanced driving qualification. All those savings for years to come can rapidly make taking one of </p><p>these courses well worthwhile. </p></li></ul>