First, tell the car insurance company everything they need to know. To find out what discounts you may be eligible for, you would need to know your annual mileage, your car's safety features and equipment, your zip code, your marital status, and your driving record. This will help the company give you an accurate quote. If the insurance company doesn't know these things, they will give you their highest price. This is just to protect themselves, so you can't use it against them later if it turns out you weren't the best risk.
Tip 2: To cover your car the way you want, you may get insurance quotes that vary by up to 300 percent. This means that if one company gives you a quote of GBP1000 for the same car and coverage, another company may give you a quote of GBP3000. If you compare quotes from different companies, you could save hundreds of dollars each year. Even the car insurance company you've been with for years may be giving new customers lower rates. You can do the same thing on your own.
Tip 3: If you can find a way to drive less each year, do it. Most companies offer discounts for cars that drive an average of less than 40 miles a day. Going on vacation by train or plane can also help you put less mileage on your car. This will help you save a lot of money on your insurance.
Tip 4: It might be a good idea to switch drivers. If a woman drives a truck or a man drives a minivan, the insurance quote could go down by a few more pounds. Instead of a sports car, insurance for teen drivers needs to be on a family car or a sedan. At the end of the day, the insurance company looks at how dangerous it is to cover your car. The risk is lower, the quote for car insurance is lower.
Tip 5: Make your "excess" bigger. In the UK, you can raise the amount you'll have to pay out of pocket before the insurance company pays out. If they ask for a minimum of GBP100, but you give them GBP500 instead, your premiums could be lower.
Tip 6: For older cars, get "third-party fire and theft" insurance. It's not worth getting "fully comp" on old Bessy. Three years of full coverage may be worth more than the price of the car itself.
Tip 7: Buy a car that isn't great. Most of the time, a smart car is more powerful and attracts thieves. When driving a sports car, people are more likely to take risks. Some are hard to fix and cost a lot. Because of these things, the premium is more expensive.
Find out as much as you can before you buy. Look into insurance costs before you buy a new or used car. Premiums are based in part on how much the car costs, how much it costs to fix, how safe it is overall, and how likely it is to be stolen.
