15 ways you can lower your car insurance TODAY

15 ways you can lower your car insurance TODAY

1. Look around

The difference in price between various companies can be significant. What the company may consider a high risk factor another company may not consider as very important. Insurance companies arrive at a price for your car insurance by adding or discount money after each answer given to questions asked. Each company has its own rules about what they consider should increase or decrease your premium. Get a better purchase price to compare.

2. Buy cars under group

One of the most important factors that insurance companies take into account, of course, your vehicle. There are thousands of different cars on the road for companies that are divided into groups. Most companies will adopt the ABI (Association of British Insurance) rating group. The vehicle is divided into 20 different groups. The highest overall rating of your vehicle, the higher the premium. Some companies may also combine your driving experience with the vehicle group to get a better idea of ​​how high risk. This is one reason why young drivers should consider buying a lower group car if they want to reduce your insurance costs.

3. Consider third party only cover

A third party insurance policies only cover the minimum required number of law - which is also the cheapest. In general should consider choosing for this type of policy if your vehicle is a low value. In the case of unfortunate accidents, damage to a third party vehicle will be covered but any damage to your vehicle. However, if your vehicle is of little value, it can not be too worried. It may be worth paying more for an all-risk policy in this state.

4. Maintaining a good credit history

More and more insurance companies are adopting credit scoring techniques as part of the overall calculation of insurance premiums on your car. By maintaining good credit history you can avoid any additional premium that companies add your price to have a poor credit score.

5. Buy on the Web

Many insurance providers now offer some good discount to buy a policy through the Internet. The theory is that by purchasing your insurance over the Internet, your company saves money by not requiring telesales agent time and incurring free calls. These savings can be transferred to you in the form of a discount for buying online. If you have a price on the phone then check your quote again on their website, you may be surprised at how much cheaper it is.

6. They have a higher voluntary excess

During the quoting process, you are asked how much voluntary excess you want to have. Insurance companies will generally include a compulsory excess amount on the policy, but given the opportunity to increase this if you want. The more the voluntary excess the lower your premium should be. However, in the case of a claim, you will pay a higher amount yourself, up to the amount of excess on your policy.

7. Reduce your annual mileage

How many miles you do the year is a common question that can affect your car insurance premiums. Extra mile to make premiums more likely. Trading systems and telephone agents will often suggest a few miles to you. Trying to reach the number of miles you will actually do. Probably less than the recommended amount. Of course, always give honest answers to these issues and others.

8. Keep a clean driving record

It may be easier said than done. However, having little confidence or preferred not to drive, you can avoid being penalized by the increase in insurance premiums on your car. Caught with a speeding fine is often not the only financial penalty you incur. Insurance companies take very seriously all driving convictions and is usually an important part of the assessment process. You can expect an increase in the cost of your insurance if you are stuck with a driving conviction, so it pays to be a safe driver.

9. Keep claim free

This is clearly related to the number 8. The biggest factor affecting the cost of premiums on your car insurance is the number of years no claims bonus you have. Full no claims bonus is considered by most companies to be five years or more, can give huge discounts, in some cases up to 75%. Being a safe driver and avoiding potential claims, continuing to benefit from the creation of their number of years claim free. Not all claims bonus you get older, the lower the cost of car insurance should be. Some companies give you the option to pay a little extra on your premium to protect your Claim Bonus.

10. Be realistic about the value of your car

Most of us have a distorted view of what the car is worth. When asked the value of your vehicle during the insurance quotation process, people will say the amount that is unrealistic and above the actual value of the car. People do this because they believe that this is what they get from insurance companies in the event of a claim. The reality is that companies will only pay what the value of the vehicle at the time of the claim and not what he said about the appointment. In fact, giving high and unrealistic value, you can increase your car insurance premiums as it is often a factor in their final price.

11. Remove unnecessary named drivers

Additional driver on your policy usually mean a higher premium. Many people add a number of additional drivers on the policy if the person has been driving the car. However, after all these drivers will increase costs. For the driver name only a policy which is no doubt the driver's car, you can reduce the final cost. If you find that the driver is not known to have to drive the vehicle then most companies will allow you to temporarily add a new controller named for a small fee.

12. Improve your car security

Theft and your vehicle are important considerations when insurance companies calculate your price. Most companies give a discount for having better security of your vehicle. Alarm and immobilizer usually attract a small discount, while having a tracking device installed can provide a greater reduction. Some companies may insist that this arrangement is more expensive and desirable cars before you even think to offer.

13. An advanced driving test

Although not mandatory, advanced driving test can not only improve your driving skills, but also help reduce your car insurance premiums. Some companies look good on people who have taken the advanced test as it shows commitment to safe driving thus reducing the possibility of having a car accident.

14. Paying premiums once

By paying your car insurance at a time, you can avoid paying additional interest charges will be added if you have chosen to pay the installments. Interest costs can be very important, so if your finances allow, you can save a lot of money by paying a whole lot in front. In some cases, companies may even give you a small discount for doing this.

15. Mate

Okay so this may seem a dramatic end to reduce your premiums. However, some insurance companies offer lower premiums when the insured driver and calls the couple instead of two single driver. Some companies believe that this shows an element of stability which is a hallmark of safer drivers and give you a discount on this basis.