How do I same money on my car insurance?

Insuring your vehicle, can be the most expensive part of driving, but there are ways in which you can cut your insurance costs.

Top tips to help cut your insurance costs

  • Speak to your broker before you purchase your vehicle to see what the premium will be as aiming for a lower group and a lower value vehicle is a good idea if you are a new driver.
  • If it is a low value car consider third party, fire and theft policy instead of fully comprehensive, but only if this is suitable for your needs.
  • Look at whether you can afford an increased excess, but make sure you can afford to pay the excess and be aware that many young driver policies may already start at £250.
  • If possible, park your car in a secure location overnight such as a garage or off road on your driveway.
  • Discuss your vehicle usage with your broker – you may receive a lower premium if you have limited mileage (under 10,000 miles per year) or do not use it to commute.
  • Avoid modifications on your car – they will increase your premium.
  • Consider a dashcam (camera) – these can prevent fraud and some brokers can provide discounts so it pays for itself after a little while.
  • Consider some post-test training courses, not only will they help make you a safer driver but some they can also help you qualify for insurance discounts.

If you found these tips useful you might also enjoy reading Insurance Guide which highlights types of insurance and how insurance companies decide what you pay.

Read up on learner insurance explained if you are having trouble understanding what’s best for you.