For many of us, driving is an essential. In order to get to work, drop the kids off at school and travel around at the weekends in order to visit family and friends, we need a car. However, paying for extras such as car insurance and tax can really add up, and many people find themselves struggling to pay the hefty costs to be on the road. Here are some of the things that you can do to ensure you get the best deal on your car insurance.
- Don’t stick to the price comparison websites
Price comparison websites provide a great platform for helping you quickly compare a wide variety of insurance companies. However, some of the cheapest insurers might be missing from the list that you get back at the end. It’s a good idea to research all of the main insurance companies in the country and check which ones haven’t been searched through the price comparison website. There could be even cheaper prices out there!
- Add named drivers
This works particularly well if you’re a young driver, so if you’re under the age of 25, think about people in your family that you could add to your policy. The price may go up, but if you’ve added safe and secure drivers, the cost of your policy is likely to go down. Try adding a variety of different people to your policy in order to see which ones work best and make the price as low as possible for you.
- Get a smaller car
If you find that your car insurance is constantly high, think about the possibility of getting a smaller car. A car with a smaller engine and therefore less power is going to cost you a lot less each month in insurance costs, so if you can compromise on size, this is definitely something to consider.
- Drive safe
By driving safe each year that you’re on the roads, you’ll ensure that the cost of your car insurance goes down rather than shooting up. For many drivers, an accident means that they simply can’t afford car insurance the next year. Once you have a certain amount of years of no claims bonus, check with your insurer to see if they offer a protection for this. This means that you won’t be charged more after an accident, even if it was your fault.
- Increase your excess
You should only do this if you have some savings as a back-up and you’re quite sure that you’re going to be driving safely. By increasing your excess, this means that you’ll have to pay more in the case of an accident or if you make a claim. However, it will usually bring the overall cost of your premium down, so it’s worth trying.