8 ways to reduce car insurance costs

8 ways to reduce car insurance costs

According to the AA, car insurance premiums have increased steadily up and now are increasing at a faster pace than at any time in the last decade. That said, even though auto insurance is mandatory, not have to be expensive. Here are some simple steps you can take to reduce the cost of coverage.

1. Shop around online

Tempting it may be simply to solve a renewal premium with your existing insurance company, you should do your research because there is no reward for loyalty when it comes to car insurance. Internet shopping to compare prices of a wide range of auto insurance providers is a good way to try to find a lower price. Moving to a new supplier is easy, stress free and can save a considerable sum.

2. Higher excess

An easy way to call your premium is pounds of opting for a higher voluntary excess. However, be aware that you will have to cough up more of your money in cash in the event of a claim. Follow the link to learn more about the voluntary insurance excess car.

3. Keep it safe

Insurance providers to see the risk of each driver presents, so I could get a better deal if you can reduce that risk. Improve the safety of your vehicle by installing an alarm and immobilizer, and keep premiums park your car in a safe area - preferably in a garage, a driveway or in a secure parking area.

4. Reduce the mileage

There are savings to be made by opting to drive only at certain times of day (eg, not during peak traffic), and by reducing the miles you do each year. But while this is good for the environment and your wallet, do not underestimate your mileage, hoping to trick your insurance provider, as this could invalidate your claim.

5. Think small

As larger vehicles and faster will cost more to insure, why not go for a small car? Also, sometimes it's a good idea to avoid models with sports letters after that - like me, or gti sxi - as it usually means a more powerful (ie more expensive to insure) version of a standard . And do not be tempted to modify your car, for example, side skirts and tinted glass, as changes often raise your premium.

6. Payment Change

If you pay for your engine cover in monthly installments, then you could be paying through the nose for spreading payments throughout the year. Pay your premium in one lump sum up front in place, and you could see reduced costs. Be sure to do their sums, though ... If you're considering paying your plastic, it is worth considering shares in April compared with the APR on your card.

7. Pass Plus

If you are a new driver that will be most affected by rising prices, so that investing time and money taking the Pass Plus course designed to give young drivers more practical driving experience. This demonstrates to insurers that you are a safer driver and, when completed, could reduce their premiums of about one third.

8. Be honest

Do not try to get away with not telling the whole truth in an attempt to reduce costs. If you deceive your insurance provider, you may be committing insurance fraud. This could void your coverage, and if you cause an accident, you will be responsible for all costs yourself. Insurance fraud also means that you have a lot of trouble finding car insurance in the future.