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1. Shop Around For Insurance
The best way to save money on car insurance is to shop
around. In fact, some experts say you can save more than half on your premium
by doing this. Don't accept a renewal quote every single year.
2. Limit Who Drives Your Car
The more people you have on your policy, the more you'll
pay. This is especially the case if you're covering younger drivers. When your
kids get their own motor insurance,
make sure you remove them from your policy.
3. Request More Excess
Many insurance companies charge an excess fee. This fee is
what you pay out of pocket for repairs that you claim. If you want to reduce
your premium, then increase your excess.
4. Use A Different Vehicle For Work
Don't use your vehicle for work. The cheapest policies cover
domestic, social and pleasure. Using it for work is when things get pricey.
5. Mileage Caps
Agree to mileage
caps because you can easily receive up to 10 percent discount on a
12,000 mileage cap (annually). Do you have more than one car in your household?
If so, then agree to a higher mileage cap and you can end up saving a lot of
money.
6. Brokers' Commissions Can Be Avoided
Avoid brokers' commissions. This can easily cost you more.
7. Purchase via The Internet
You can save a substantial amount by purchasing via the
internet. In fact, some say you can save around 5-10 percent by doing this.
8. Downsizing
Cars that don't have big engines or worth less tend to be
cheaper to insure.
9. Store Your Vehicle
Store your vehicle in a garage. Doing this can easily save
you money. In fact, you can save up to 10 percent on your annual premium.
10. Ask For A Discount
Another discount you might qualify for is an introductory
discount, even if you have driven another car, such as a company
car. Some companies want your business and this is why they have an
introductory discount. If they don't tell you they have this, then simply ask
for it.
12. Protect Your Bonus
Sometimes you can make a claim in certain situations and
these claims won't affect your claim bonus. However, you'll pay a small premium
right from the get go. The good news is you'll save a lot of cash in the
long-term.
12. Black Boxes Can Help You Too
There are black boxes, and you should have this type of
device fitted into your car. Insurers will definitely know how your car is
being driven and you can agree with any curfew limits they tell you about. This
will result in saving money on your insurance.
13. Improve On Your Overall Driving Skills
Finally, improve your driving skills. Take a PP driving
test. Doing this will help you save on your premium. Have a look around at the
different qualifications and things you can take that can reduce your premium,
and then show your insurance company that you passed everything.