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12 tips for getting the best car insurance deals – part 2

Posted 14 July 2015

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Getting the best car insurance deals is easy with our 12 tips to reduce your premium

Tip 7 Blackbox Insurance aka telematics – this is when a box is fitted to your car, much like the ones lorry drivers already have, that monitors how, when and where you drive. This information is then used to make alterations to your policy depending on how you score. The safer you are, the better your score, the more discount you’ll get – simple! It’s often thought of as being for certain types of drivers, such as those who are inexperienced, have low mileages or the younger drivers among us. But actually, it’s for anyone who fancies trying to get a reduction on their car insurance. For example, 12% of Admiral customers, who took the Littlebox policy, saved at least £400! Plus, there are some other advantages to having this policy, from Admiral anyway, they include free theft tracking and breakdown cover. So if you pay for these separately, you can save money by cancelling those too!      

Tip 8 Be accurate with your mileage – part of the calculation for your insurance premium is based on the number of miles you do.  So, if you don’t really know how many miles you do each year, find out. Just keep a note of what you do in an average month and multiply. If you find that your current policy is for loads more miles than you actually do, find out if you could be in for a saving if you reduce it.

Tip 9 Higher excesses – Changing the amount of excess you are prepared to pay, should you be unlucky enough to be involved in an accident, can reduce your premium as, essentially, you’re asking the insurance company to pay out less. This is a good way to save only if you’ve got the cash to stump up for the excess should something happen.  

Tip 10 Older/cheaper car – the value of your car will likely affect the price of your policy – the more your car costs, the more you’ll pay for your insurance. So, if you want to cut costs, you could think about changing your car to a cheaper, smaller or older, model. However, as with many things in insurance, this is not always true, as newer cars often have better safety features and owners usually take better care of newer cars. And, if your car is powerful or old, but considered a ‘classic’, you may find that the insurance always remain expensive. Again, don’t assume, check online before you decide on any changes.    

Tip 11 Paying Annually – it may seem like a good idea to spread the cost of your car insurance over 12 months. But in reality, you will be charged more for doing so. So, save up what you think you might need for the whole annual premium and pay it all in one go. It might only save you a few pounds, but its a few pounds in your pocket instead of someone else’s. 

Tip 12 Get Pass Plus – Why not consider taking the Pass Plus certificate? It gives you extra skills and shows that you are committed to improving your driving ability. You may think it’s just for young drivers, but anyone can take it, it’s only 6 hours and many of the major insurers accept it, like the AA and Churchill.

Bonus tip Steer clear of imports or modifications – anything you do to change your car from the way it left the factory, could be classed as a modification. Even things that seem relatively minor, like fitting a bigger exhaust, can affect your premium. The same goes for imports, which will more than likely be lefthand drive, a major difference to cars manufactured for the UK market. Imported cars also mean higher insurance premiums because the insurer doesn’t know if the car meets UK safety regulations. So these two are definitely ones to steer clear of if you’re looking to find the best car insurance deals.      

So, we challenge you to use these tips and then come and tell us how much you’ve saved on our Facebook and Twitter pages.  

by Shelley Bowers

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