(Collaborative post) Car insurance is one of the least enjoyable purchases anyone has to make. Unfortunately, it is a necessity that those with cars have to purchase. However, that doesn’t mean you should just go with the easiest option and just auto-renew your policy. There are many savings to be had if you’re savvy about your approach. Read on to discover my 10 tips to lower your car insurance.
10 Tips to Lower Your Car Insurance
Discounts
Let your record speak for you. If you’re a good driver this will influence the rate you are offered. Your car insurance quote will be based on your driving record and how likely you are to be involved in an accident. If you have a clean record, you may qualify for a discount.
Buy Online
Not only do you get the best rates when you buy car insurance online, but you also can get instant quotes from multiple insurance companies especially when using a broker like one sure insurance. Some insurers offer up to a 15% discount for online purchases. With some companies, you can get your policy in less than 15 minutes.
Shop Around
Don’t accept the quote you are given by the company you used the year before until you know it’s a good deal. Shop around to get the best quotes from multiple companies. You can sometimes play them off against each other to further reduce the cost.
Take a Defensive Driving Class
Consider taking a Drivers Domain defensive driving class. This could work in your favour. This is because some insurers give a discount for drivers who have taken a defensive driving course.
Keep Your Record Clean
Maintain a good driving record is important. The best way to do this is to be careful and watch out for dangerous drivers on the road. Every time you get into an accident, your insurance costs go up. So, by simply driving carefully, you reduce the risk of this occurring.
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Buy Multiple Insurances from the Same Company
Some insurance companies offer family discounts. So if you buy more than one car insurance you will get a better deal. Even better, some will give you even bigger savings where you add in another insurance such as home insurance.
Do You Need To Drive It All the Time?
With the push to be more environmentally friendly, many are trying to reduce using their cars unnecessarily. This means their mileage will be lower. By lowering your yearly mileage you will find you can get a reduced rate on your car insurance. This will also mean your car will stay in better condition and as a result, the depreciation will be less.
Raise the Excess
Consider raising your deductible/excess. Most people have an excess of £300. This means that if you are in an accident, you will have to pay £300 to fix your car. Often you can lower your premium by raising this.
Review Your Policy
You might find that when it comes to renewal you don’t need the same coverage that you currently have. Review your policy and see if you can lower your premium.
Do You Have a GPS?
Purchasing a GPS can come in useful. If you purchase a GPS, your insurance company may lower your premium. This is because your chances of getting into an accident are lower as you’ll be taking more care when driving.
As you can see from reading my 10 tips to lower your car insurance post there are many things you can do to help reduce your car insurance.
Do you or your partner actively do things to try to keep your car insurance down?
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We follow the speed limit and keep our car in the garage. We also don’t let our kids drive until they are adults.
Keeping a car in the garage when not in use is a great tip. That can also reduce insurance x
This is such a helpful post! It’s a big help having a lower car insurance. Thanks for sharing. I will keep this in mind.
It can help if you push for a lower fee. Some just accept the renewal amount and end up paying more.
These are great tips. It is always nice to be able to save whenever you can.
It sure is Kathy.
Def great and helpful tips. I’ll have to share this with a loved one who is planning to get car insurance. Thank you!
I hope it helps them save on the insurance.
Keeping our driving record clean is important not only for me and my husband but for all our children as well. I will check and find out more about raising the excess too. That sounds like a good suggestion.
Good luck Eileen. I hope you get a good discount.
Thanks for the tips, it’s so helpful for car owners.
I hope they will help some get a reduction in what they pay.
I’m gonna follow all your tips, thanks ,it’s so helpful.
I’m glad you found this useful Scarlett
I keep our insurance down by shopping around, not accepting renewal quotes most of the time and using cashback where I can to get some extra pennies back x
Shopping around is really important. I’m glad you make use of cashback too!
Thanks for these tips! I’m sure many of us are in the lookout for ways to save money on car insurance.
It can help to know the tricks, especially for newer drivers.
These are some great tips , my husband use to work in car insurance and we got a few tips and tricks from there too 🙂
That’s handy. I hope you guys save loads each year x
We have the same insurance company for mine and husband’s cars so I think we got a deal from that. I didn’t know about the GPS. Thank you for the tips!
Thanks Lynndee. The join insurance will definitely help save you both money.
These are all wonderful tips to helping reduce your car insurance costs. The biggest thing is to keep your driving record clean as tickets can hurt you big time. I recently got USAA through my Dad as he is a retired US Officer for the Navy and the prices are fabulous compared to what I was quoted from other insurance companies.
Wow, it’s great that you were able to get a great price for your car insurance.
Shopping around is a tip we live by! I never thought about taking a course to help lower our monthly payments – will look into this.
I had a friend that did it and it worked well for her x
My car is only worth £500. But I only need it to take my kids to school and do a bit of shopping. So I always put down a higher voluntary payment. and if I do get in to an accident, will just buy a new car anyway,
The higher voluntary excess will save you a good amount too which helps.
I always shop around as you certainly get nothing for loyalty. I’ll be shopping for a new policy soon for my son.
That’s true but also a shame.