7 Money-Saving Tips For Cheaper Car Insurance

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car insurance tips

With daily drives to work, school, and the supermarket being a necessity, most of us can’t imagine our lives without a car. Of course, it’s possible to take public transport, but this isn’t nearly as convenient or comfortable. That being said, the cost of running a vehicle isn’t the easiest pill to swallow, and, when it comes time to renew your car insurance, you might start looking for a bus timetable. Car insurance is the biggest motoring cost for most drivers, but, thankfully, there are a few ways to keep this cost down. Here are seven tips you should consider.

Research Before Buying A Car

Car insurance premiums are based on many different things, many of which are to do with the car itself. Examples of these things include the price of the car, how much it would cost to repair it, how likely it is to be stolen, and how old it is. Because of this, it’s important that you research the car and compare car insurance online before you make any commitments. The last thing you want is to realize too late that you can’t actually afford to pay for the insurance. Because of this, it’s important that you research the car and compare insurance costs before you make any commitments.

Make Sure You Shop Around

One of the easiest ways to save money on your car insurance is to take some time comparing the cost of similar deals. You’d be surprised at just how much prices can differ from insurance company to insurance company. Just make sure that the deals you look at are like for like, as some policies may seem cheaper, but that might be because the cover isn’t as good. To make your life easier, there are a number of car insurance comparison websites that you can use.

Avoid Claiming On Your Insurance

You have to notify your insurance company every time you get into an accident, but that doesn’t necessarily mean that you need to claim with them. In fact, in many cases, it makes much more sense to work with a car accident attorney. This is because insurance companies want to make a profit, so they’ll give you the least money they can and likely increase your premium too. An attorney, on the other hand, just want you to get the best settlement you possibly can.

Ensure Your Car Is Secure

When your car is less secure than others, it’s at a higher risk of being stolen, which means that your insurance company will likely charge you more money. Because of this, it’s important that you do what you can to keep your car safe. You can start by fitting a tracking device, car alarm, and immobiliser. If you have a garage, you should make sure that you empty it of any junk and store your car in there instead. This leaves it at less risk, which should reduce your premium.

Pay All In One Go

Spreading the cost of your car insurance by paying in monthly installments might be less painful in the short term, but, in the long run, it’s going to cost you a lot more money. This is because most insurance companies charge their customers interest when they decide to pay this way. If you can, it’s always a better idea to pay your insurance once a year, all in one go. This way, you can avoid any interest, and only have to pay for the policy itself.

Consider How Far You Drive

Before you buy your car insurance, make sure you think about how far you tend to drive your car each year. Many companies offer discounts for those who drive fewer miles than average, so try not to massively overestimate. To keep your mileage low, you could consider sharing your car and carpooling to work each day. However, once you’ve told your insurance company how many miles you drive, you need to ensure you stick to this figure, or you could face a charge or fee.

Avoid Adding Your Teen Driver

When your teenager starts to drive, one of the first things they want to do is be added to your car insurance. However, you should make sure that you think this decision through carefully before agreeing to anything. Young drivers tend to be viewed as a risk, and, as such, insurance companies usually increase premiums when a teenage driver is added to a policy, especially if you have a higher powered or large vehicle.

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