Running a car is seldom cheap, from petrol prices to the cost of repairs, there’s a lot to think about. Car insurance can be a big expense, but it is essential if you want to drive your car anywhere. However, that doesn’t mean that you have to pay the highest premiums to get a decent car insurance plan. In fact, there are many ways you can reduce your monthly car insurance costs and this blog has all the tips you need to get started.
Compare Deals
There are lots of different car insurance providers on the market, which means that it’s really important to shop around and compare prices. Cheap car insurance is out there, you just need to make sure you’re looking in the right places. Check out all of the pages coming up on Google as well as comparison websites that give you all the latest introductory offers. It’s also worth asking your friends whether they know any good providers that they could refer you to.
Become a Safer Driver
Insurance costs are all about risk, so if you can prove you’re less likely to get into an accident, your car insurance should be cheaper. Drivers who have a history of speeding tickets or crashes are seen as more of a liability by car insurance companies and thus need to pay higher premiums. You may also be able to get cheaper car insurance if you take advanced driving lessons and prove that you know your way around tricky situations on the road.
Invest in Security
Some insurance companies will lower their premiums if you make your car more secure. For example, a car alarm or tracking device can make your car less likely to be stolen or easier to locate if it ever is taken. Insurance companies will know they’ll be less likely to have to pay out for these types of vehicles and may reward you with lower monthly costs.
Pick the Right Car
Are you in the market for a new vehicle? Think carefully about what you buy. Some cars are a lot more expensive to insure than others, so you might want to factor this into your decision if you’re on a bit of a budget. Choose a car that is reliable and doesn’t cost too much to repair. Also keep in mind that very flashy cars or new models may be more attractive to thieves, so you may want to cross these off your list too.
Get a Black Box
Having a black box in your car can greatly lower your insurance costs. This device will monitor your driving and check that you aren’t going over certain speeds or driving late at night. The conditions will depend on the policy you agree to, but if you don’t use your car that much or only need it for a basic commute, a black box could be the perfect solution for you.
Regardless of whether you’re renewing your car insurance or looking for your very first policy, there are many ways you can keep costs to a minimum and make savings across the year.
