Save money on your car insurance

There a number of different way in which you can reduce the cost of your car insurance, this will be useful if you are a young driver with little experience on the road.

  • Look for an insurance policy suited to your personal circumstances. There are many specialist insurance companies out there that offer cheaper motor insurance to specific people, such as:
  • Young drivers
  • Women
  • Senior drivers
  • Companies looking to insure commercial vehicles
  • People looking to insure motorbikes
  • People looking to insure classic cars

Search for insurance companies offering special deals. Many offer free perks as part of their insurance deal.
Improve your driving skills by taking an advanced driving course, such as the pass plus. Most insurance companies will consider you to be a safer driver and will lower your insurance premiums.
Avoid buying large, sporty cars, especially those with a turbo engine.
If you have a family member that has a good driving record and more experience on the road than you, insure your car under their name. This would be most useful for young drivers, but be aware that by doing this, you cannot build up your no-claims bonus.
Live in rural area. The price of car insurance also depends on where you live. If you live in a built up area, especially London, your insurance premiums are likely to be very expensive compared with more rural areas.

More economical driving

There are also a number of ways you can save money whilst you drive your car, the cash you save could go towards paying for your insurance policy.

Buy a ?green car?. This is a car that is considered to be environmentally friendly and more energy efficient than conventional cars. It consumes less petroleum than conventional cars and could potentially save you money on the running costs of your vehicle.

You can also save money by following some simple tips to improve your cars fuel efficiency:

  • Drive in the highest possible gear.
  • Drive smoothly.
  • Switch off the engine if you are stopped for more than a few minutes.
  • Don’t load unnecessary items.
  • Keep the windows closed.
  • Don’t use your car for short journeys; walk instead.

Stay protected

Make sure your car is properly protected. This will reduce the risk of theft so you won’t have to make a claim. This will ultimately help towards building up your no-claims bonus. It also means that you won’t lose any money if your cars current market value is less than what you paid for it, as your insurer will only cover your car for its current market value.