Driving offers a freedom and convenience that you just can’t get from other forms of travel, but often the costs of car insurance can take a massive chunk out of our wages and make owning a car a chore rather than a pleasure.
Whether you drive a Ferrari, a Toyota Yaris or a Volkswagen Golf, you need to ensure that you are legally allowed to drive your car on the road. If you want to find the best car insurance deals then ensure you do your homework and don’t simply renew your policy at the end of each year.
Get several quotes
With so many insurers out there all vying for your business, you can expect to find lots of deals and offers designed to attract you online. To get a good idea of different car insurance deals you can get use an online comparison site to find several quotes at once or fill in instant quote forms on the sites of individual insurers.
Look for deals and special offers but make sure you always read the small print and include everything you need in your insurance otherwise you could end up having to lay out more money in the future.
Choose a cheaper car
If you opt for a big, flashy, fast gas guzzler as opposed to a little runaround with a small engine, you can expect to pay much more for UK car insurance. To get the best car insurance choose a modest vehicle that won’t be expensive to replace or to repair. Younger drivers should also avoid making any modifications to the car they have as this will insurers will assume that they are more likely to have an accident so lose the alloys and fins if you want to keep your costs to a minimum.
If you can reduce the number of miles you drive you’ll reduce your costs accordingly so consider taking a bus or train to work instead of using your vehicle or starting up a car share scheme with colleagues. Be aware that if you do need to make a claim and you’re found to have driven far more than you said you would you could make the insurance you have void, so make sure you stick to the mileage you say you will.
When you keep your vehicle safe it indicates to insurers that you’re a responsible vehicle owner, which will help make your premiums smaller. If you don’t have an alarm or an immobiliser fitted then make sure you get one before you renew your policy. It’s also a big bonus to park your car off the road in a garage or driveway so make sure you do this if you can.
Specialist or modified cars can really push up your premiums. Don’t go out of your way to add go faster stripes, a big bore exhaust or 28 inch alloy wheels as any slight modifications can have a huge impact on the insurance cost you are quoted. You also MUST declare that you have modified your car (if you have modified your car!) when looking for insurance, as failure to do so could invalidate your insurance and any claims that you might look to make. There are specialist insurance companies that focus on everything from minibus insurance to catering van insurance, but the rules above still apply.
Avoid making claims
One of the most cost effective ways to get smaller car insurance premiums over time is to avoid making claims to build your no claims bonus, so careful driving can really pay off. If you need to carry out small repairs then pay for them yourself if possible to avoid claiming. Make sure you set aside funds for repairs so you can continue to build on your no claims bonus.