As rising energy bills squee
ze our finances, it’s the perfect time to consider making savings on your car insurance. Grab yourself a coffee and see how you can simply and effectively cash in.
Compare options
Insurance companies automatically increase yearly costs for their faithful, existing policyholders. Not much of a reward for a longterm relationship is it? Instead throw in the towel and compare quotes from other companies. Switching could help you make the most of lower premium prices that have come about now fewer people are driving to work as a result of the pandemic.
Check your details
The wording of your job title can offer different levels of reassurance to insurance companies, as they analyse your details to decide your risk level. Eg. a “legal secretary” is going to pay lower rates than a “law clerk”. Providing you don’t reinvent your entire job, you may achieve a lower rate.
The small print
Extras such as windscreen cover may seem attractive but they can add unnecessary costs if you don't necessarily need them. Make sure you read all the wordy small print and only pay for what you need.
Yearly payments
It is generally cheaper to pay annually than monthly where they lump on interest. Providing you can fund the lump sum upfront, you will save over the course of the year.
Pay ahead
This is a sneaky one - buying up to a year ahead of the policy start date will save you hundreds. Even arranging it just two weeks in advance makes a difference. See how far ahead you can plan your next quote.
Stay secure
If you are able to add a garage to your property, or make the most of a driveway, this will automatically reduce your premiums. There are also many options for investing in safety devices such as trackers, immobilisers and alarms, which all help lower your rates year upon year.
What next? Spend those savings and enjoy the ride!
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