Prices at an all-time high – tips to save money

Recent news from the AA reveals that car insurance has risen by 16% in the last 12 months and a whopping 30% in the 12 months before that. Now, more than ever, motorists need to know every trick in the book to make sure that they are not paying more than is necessary.

• You may think that as a valued customer your insurer will give you a good deal but far from it! Often it is the new customer who will get the best deal so ask your insurers if they will match any offers available to non-existing customers.
• Illogically, a comprehensive premium is often cheaper than a third-party one on the basis that it is often the young drivers who opt for third-party cover and they are a high-risk group. Don’t make assumptions on anything!
• Use comparison websites by all means but bear in mind that some companies such as Aviva and Direct Line never feature on these sites so don’t forget to check their prices too.
• If you are a young driver consider a specialist policy where a black box is fitted to track your mileage. The less you drive the less you pay.
• Check the internet for cash-back deals and discounts to see whether you can reduce your costs further.
• It can often be cheaper to add a second driver to the policy but never be tempted into “fronting” i.e. saying someone else is the main driver if they are not.
• Make sure you opt for the highest excess that you can afford.

It goes without saying that motorists should never lie about their circumstances just to get a cheaper quote.