For us British, car insurance is a legal requirement for every car owner. Which can be annoying. But also makes it big business. In this article, we look at things you can do to get your car insurance as cheaply as possible. But remember, the cheapest isn’t necessarily the best.
Before We Get Started…
Never lie on a car insurance application form. Ever. You never know when disaster will strike, and life can very quickly become a nightmare if your insurer decides they’re not going to pay your claim.
Reputable companies won’t normally do this without good reason, but less reputable ones will pick apart your application looking for a reason not to pay.
So always tell the truth.
Game Price Comparison Websites
Head over to a price comparison site – MoneySuperMarket.com is our favourite – and play about with the settings to get the engine to spit out lower prices. We’ve found your registered address to be the biggest variable in lower your quote price, but there are other things that can affect it like how many drivers are on the policy. Every pound is worth saving with car insurance because unless you crash your car very frequently, most years it is literally money down the drain.
Buy Your Car Insurance Before You Need It
The closer to your renewal date it gets, the higher quotes will get from just about every insurer. So it’s prudent and considerably cheaper to buy early. You can save as much as £200-300 by not leaving it until the last minute!
ALWAYS Protect Your No Claims Bonus If You Have One
You need a minimum of three years with no ‘incidents’ before you can protect your no claims bonus. DO NOT make the mistake of taking a cheaper deal on your insurance if you don’t get a protected no claims. We all know sod’s law dictates that if you don’t protect your no claims, you’ll need it!
This sort of goes without saying but driving carefully reduces stress generally and can also reduce the chances of you having an accident and hence a hiked insurance premium for the next few years.