Car insurance can be a confusing and sometimes financially painful process to go through. But everyone needs it and with our help, you can make things much easier. In this guide, I’ll be taking you through a step by step process to help you find the best insurance policy for your needs and for the right price. If your looking to compare car insurance deals, then I would advise to visit Car.co.uk, which is a great option and gives the best prices I have seen.
Insurance can be expensive and many people out there are likely already paying too much! There are many ways you can save on your car insurance while still ensuring you get the essential cover you need. So, if you want to save on your car insurance read on!
Step One – Consider Your Vehicle Carefully
The first step to ensuring you can reduce the cost of your insurance is to ensure you are actually insuring a suitable vehicle. Older cars will cost more to insure and if you are a young driver opting for an old second-hand car can have a big impact on your insurance premiums. Waiting till you can get a more suitable “low insurance” category vehicle can help you save a lot of money on your insurance.
Step Two – Work On Your Credit Score
Your credit history will impact many different things so if you know or suspect you have a poor credit score you should focus on improving it before looking for insurance. Get old debts cleared up and improve your score because it will almost certainly help you achieve lower insurance costs. It might not seem fair but from an insurer’s point of view the poorer your credit score the riskier you will be to insure.
Step Three – Give Yourself Plenty of Time
Rushing to get your insurance sorted is not going to net you a good deal, is it? But many people fall into this trap without realising it. If you want to save money on your insurance and get the best deal you will need to give yourself time to properly search. One month to avoid is December because average insurance costs are always higher during this period.
Step Four – Focus On The Essentials
When getting insurance many insurers will offer additional add-ons to their policies. They might seem like great deals at the time but if you want to save money on your insurance then you should focus on the essentials you actually need. This will vary from person to person and everyone’s circumstances are different but don’t get side-tracked by extras.
Step Five – Don’t always do it Online
It seems like everything is done online these days, doesn’t it? Which makes sense because it is so convenient but it also means you’ll often be working with a computer or in other words an automated program or AI. Yes, it’s very impressive but also unlikely to get you the best deal.
Getting an online insurance quote will give you an idea of what you can expect to pay but speaking to someone over the phone or face to face will help you get the best deal. Whenever possible you will want to talk to people personally because it will help find the best deal for your unique situation.
Step Six – Ensure Your Vehicle Is Secure
This is a great way to help ensure you get a more affordable insurance policy. By taking steps to improve the security of your vehicle you will make it less likely to be stolen by thieves. Vehicle security can be improved in a number of ways from small things like getting a wheel lock to adding a dash camera and much more.
Step Seven – Be Prepared To Pay It All Right Away
Most insurance companies will default you to a monthly payment plan on your insurance. This can actually be beneficial on some types of insurance policies like black box policies for example as these will sometimes lower your premiums on a month by month basis if you drive safely.
However, if you instead pay your yearly insurance in one go you can avoid high-interest rates. Yes, it might cost you more in the short term but over the long term, it will actually help you save a lot of money when it comes to your insurance.
Step Eight – Shop Around For Policies
Finally, you should always shop around when looking for an insurance policy and remember whenever possible contact people directly don’t just stick to online quotes. Shopping around will help you find the best deal and if you don’t renew your insurance right away then your insurer might even offer you a better deal.
