If you want save money on your car insurance then read on. Our guide will talk you through the best ways to get cheap car insurance. Whether you're a new driver or have years of experience our top tips will help you to lower your premiums.
Risk Levels
Car insurers base their quotes on the level of risk you pose to them. In order to lower the premiums, you need to lower your risk. One quick and easy way to do this is to tweak your job description in the application form. For example changing your title from 'marketing assistant' to 'marketing executive' could save you up to 10%.
Add a Named Driver
Another top tip is to add someone with more driving experience as a named driver on the policy. This should lower your car insurance, provided that they have a clean history. This is because the insurer will assume you will be sharing the car, and as such, won't be on the road as often.
Off-Road Parking
If you're considering opting for third party insurance then always check the cost of fully comprehensive, as in some cases this can be cheaper. If you have the luxury of being able to park your car on a drive or in a garage then make sure you declare this on the application form - this will reduce your insurance premiums dramatically as it reduces the risk of theft and damage.
Compare Car Insurance Online
The next step to getting cheap car insurance is to compare prices. As insurance prices vary dramatically it's a good idea to shop around. It's recommended that you go to more than one comparison website as each one will compare prices with different providers. Car insurance comparison sites will break down the cost of the premium and exactly what cover you will receive.
Increase Your Excess
Other ways of getting the cheapest can insurance possible is to increase your excess. This is the amount you will have to pay if you were to make a claim. You should be careful when considering to ramp up your excess - could you afford to pay it if you were to end up in an accident?
Drive Less
You can also lower your premiums by driving less. All insurance firms will ask how many miles you expect to drive a year. If you drive lots then expect to pay more. It should be noted that if you quote 1,000 miles a year but actually drive 50,000 then this could void your insurance and your insurer may not pay out.
Remember, each insurer has their own algorithms for determining how much their insurance premiums will be. Spend time tweaking cover levels and application forms until you find a price that's right for you.