Keeping a car on the roads isn’t cheap, but by being savvy, you can find ways to save money. For example, by paying attention to the following suggestions, you should be able to bring your insurance spending down.
1. Shop around for the most competitive offers
Perhaps the most important step to getting a good deal on your car cover is making sure you shop around. Opting for the first deal you see or simply going with the renewal quote sent by your existing provider can be a big mistake. Instead, set aside a little time to consider your options. Bear in mind that you don’t have to trawl the web for hours and contact numerous insurers yourself. Instead, you can enlist the help of a specialist broker. For example, if you look for men’s or women’s car insurance from Chill, the company will search 14 cover providers on your behalf. All you have to do is enter some straightforward information about yourself and your vehicle.
2. Make your car more secure
Although it might require a little extra investment upfront, improving the security of your car can make you major savings over the long term. For example, fitting your vehicle with a tracking device could bring your cover costs down. If possible, park off-street overnight too. If you can put your car in a garage or on a driveway during the hours of darkness, insurers will consider you to be lower risk and may offer you more competitive deals.
3. Increase your voluntary excess
You might also benefit from raising your voluntary excess, which is the sum of money you have to pay in the event you need to make a claim. However, bear in mind that if you do file a claim, you must be able to cover this cost – so it has to be a figure you can afford.
4. Avoid unnecessary policy add-ons
If you’re not paying full attention when you purchase your insurance, you can end up with a series of policy add-ons that you don’t really need and that drive up the cost of your cover. Before you sign anything, think carefully about whether you require things like windscreen protection, legal expenses insurance and a courtesy car package.
5. Consider cutting your miles
Reducing the number of miles you travel can be a big help as well. If you can agree to a lower annual mileage cap, you should be able to access cheaper insurance. This is due to the simple fact that if you spend less time on the roads, you’ll be less likely to make a claim. Lower mileage caps often suit two-car families in which one vehicle is used much more than the other.
Paying attention to tips like these could make getting cover cheaper – and help to ensure that driving is that little bit more affordable overall.