What can you do if your car insurance is too expensive? Watch our short video to find out how to bring costs down.
Don’t auto renew
1. Don’t settle for the price you get from your existing insurer. Shop around when it comes to renewal, because you’ll almost certainly be able to beat the price that they offer.
Don’t pay in instalments
2. Avoid instalments. If you can afford it pay the whole lot, in one go, up front. Otherwise you’ll be charged interest, and it could be as much as 30%.
Security is key
3. Increase security on your car, and if you can, park off road overnight.
Although parking your car in your garage might seem like the safest option, surprisingly enough this can actually increase your insurance premium. Garages are seen as a ‘riskier’ parking spot by insurers because of the amount of accidents that happen while parking in them.
Swerve the bad habits!
4. Drive safely. Now it sounds obvious, but if you can avoid accidents you’ll boost your no claims bonus, and that can be worth 70% or even more, off the price of your premium.