How can I get cheaper Car Insurance?
That is one of the questions we get asked so often.
Nowadays, cheaper car insurance is so difficult to find. There are some tips and advice we can offer to help you with this.
- Pick a Cheap car to insure.
- No Modifications
- Take a PassPlus Course
- Increase Security
- Add a Named Driver
- Consider Increasing Voluntary Excess
- Other Things to Consider
Pick a Cheap Car to Insure
All cars belong to one of fifty categories. The higher the category the higher the insurance. The categories are worked out by numerous factors. i.e. performance, security, damage and parts costs, repair times and even paint colours (for difficulty to match etc.). For cheaper car insurance, new drivers need to be searching in groups one to five. For a useful website to tell you what categories vehicles are averaging and give you some ideas click here
No Modifications
Modifications are very popular with young drivers. Alloy Wheels and Body Kits can make a small/medium sized car personalized and look nicer. Unfortunately, these can add hundreds of pounds to your car insurance.
Take a PassPlus Course
The Pass Plus course is an established training course aimed at new drivers for cheaper car insurance. Completion of the course takes at least six hours and consists of six modules which cover driving in town, in all weathers, on rural roads, at night, on dual carriageways and on motorways. Upon completion of the course you’ll receive a certificate which you can use to claim a discount on your motoring insurance*.
As soon as you pass your driving test sign up for a PassPlus course imeediately so you can start saving straight away. Click here to read more details on our PassPlus Course.
Increase Security
Alarms and immobilisers can lower insurance premimums and often help with obtaining cheaper car insurance. Consider increasing the security on your vehicle. Parking your car in a garage or on a driveway overnight may also help with increasing security as it limits the risks.
Adding a named driver to your insurance policy can reduce insurance costs too. If they are older and more experienced it helps that you are not the only driver on the policy.
Taking out insurance in an older more experienced persons name (i.e. a parent) when you are actually the main driver of the vehicle is actually illegal. This is called ‘fronting’.
Consider Increasing Voluntary Excess
Excesses are the amount you have to pay upfront if you have an accident and make a claim. Increasing your Voluntary Excess, on top of the Compulsary Excess you are quoted. This can significantly reduce your insurance premiums. Beware though! Make sure you are able to pay the amount of excess if you do have an accident. You may find it difficult to find an extra £500 if you have an accident.
There are many other ways to help achieve cheaper car insurance too. Some of these are simple too. Simply by just thinking about the level of cover you need for example. Comprehensive Car Insurance is normally the most expensive. Comprehensive Insurance covers both your car and other vehicles if you have an accident. Third Party Insurance which is the most basic only covers the ‘third party’ claims for their repairs or injuries. You can add ‘Fire and Theft’ as an optional extra. This will then also protect your vehicle against fire or theft. Don’t always assume that ‘third party insurance’ is always the cheaper car insurance option though. With some Insurance companies ‘Comprehensive’ Cover is cheaper. Always check first!
Another simple step for cheaper car insurance is to pay for the whole year instead of installments. Most insurance companies add interest to instalment payments.
*.Not all insurance companies recognise the scheme but most of the big names do.