I’m a car insurance expert – check out these amazing tips to reduce the premium for your motor. You could save HUNDREDS | The Sun

A CAR insurance expert has revealed some amazing tips to reduce insurance premiums for your motor – and they could save hundreds.

With the cost of living continuing to rise and the average annual cost of car insurance reaching £586, many people will be looking for ways to save money.

Handily, experts at Confused.com have shared several pointers on how to achieve cheaper car insurance.

Don’t accept your renewal price

In the last year, car insurance costs have risen by £36.

But even if your quote hasn't gone up, it's always worth shopping around to see if you could save on your car insurance.

You might be able to find a similar policy with another provider and slash your costs in minutes just by comparing car insurance quotes.


Six ways to cut the cost of your car insurance & how your loved ones can help

Martin Lewis issues urgent warning to anyone with car insurance

By law, car insurers must give you a 14-day cooling-off period during which you can cancel your premium without penalty.

According to Confused.com, by comparing car insurance quotes, you could save up to £388.

Pay for your car insurance annually

Paying for your insurance annually is one way to get cheaper car insurance.

That's because insurance companies always charge interest if you decide to spread the cost of your coverage over the year.

Most read in Motors


Classic Mini in garage for 33 years fetches eye-watering amount at auction


Driver leaves note explaining why they took 2 parking spaces & people are divided


Cheap cars loved by celebs including Tyson Fury & Andy Murray


The Capri is back – check out Ford’s EV and other takes on classic car names

If you can't afford to pay for your car insurance upfront, one way to make it more manageable is to use a credit card with 0% interest on purchases.

That way, you still get the benefit of budgeting on a monthly basis, without incurring added charges on top.

It's important you pay off your balance before the 0% offer runs out though. Otherwise, credit card charges will wipe out your savings.

Be accurate with your mileage

Generally, the more miles you drive, the more likely you are to have an accident and make a claim.

This means the higher your mileage, the more you pay for your car insurance.

So, driving fewer miles can be a great way of saving money on your car insurance policy.

Enhance your car security

The harder it is to steal your car, the less of a risk it is.

This usually means cheaper car insurance.

There're ways you could improve your car security, such as installing a Thatcham-approved car alarm or immobiliser, adding secondary levels of security and making sure you park in secure and well-lit car parks.

Watch out for extras you don't need

If you want cheaper car insurance, think carefully before agreeing to any add-ons like breakdown cover, legal expenses, a courtesy car, personal accident protection and windscreen cover.

You may even get some of these as part of another policy or with your bank.

If you don't need extras like breakdown cover, always check whether you can buy them separately as standalone products, along with the terms of all the policies you are considering before you buy them.

Increase your voluntary excess

Your car insurance excess is what you'd have to pay out if you made a claim.

You can't change your compulsory excess, but you can change your voluntary excess.

This can help you get cheaper car insurance, but you need to make sure you can afford to pay it if you need to claim.

Consider how you use your car

Make sure your policy reflects the way you use your car.

And if you are only using it to drive to the shops, you don't need a policy that covers commuting.

Likewise, if you start using your car to make deliveries on the weekend, you might need car insurance that includes business use.

Read More on The Sun

I transformed my smile with Turkey teeth – trolls say I look like a piranha

Major high street chain launches 70% closing down sale before 106 stores shut

However, if you only need to drive your car occasionally, you might want to think about temporary car insurance.

Drivers can insure their car for anything from an hour to 28 days, and it's quick to arrange.

Source: Read Full Article