One way of fitting the cost of breakdown cover into your finances is to buy smarter when it comes to car insurance and as we sell both we are ideally placed to offer you expert advice on the ways of doing just that.
Below you will find our top car insurance saving tips to help you afford more cover for you and your passengers:
1. If you use price comparison sites make sure you use more than one to make absolutely certain you are getting the best price as remember, those sites are making a small fortune out of commission paid to them by insurance companies! It can also pay to phone us direct as we have the ability to create bespoke quotations over the phone that will best most car insurance and breakdown cover quotes out there.
2. If you are planning on buying a new car car makers will often offer free insurance as an incentive to buy a car. But there’s nearly always a catch – you’ll have to take out the manufacturer’s finance. It’s nearly always more expensive than getting a loan from a bank. So compare how much the total repayment of the loan is with a bank or building society with the dealer’s. It can work out better to buy the car and get your own car insurance policy!
If the dealer’s finance is competitive, then go for it – the insurance is genuinely free. Otherwise you’re better off with a lower cost loan and arranging the insurance separately.
3. Reduce the risk of your car being stolen or involved in an accident and your car insurance cost WILL fall.
Tell the insurer of any security devices fitted, even if it’s a steering wheel lock. Mention if the car is garaged or securely parked overnight.
Low mileage driver? Opting for a larger voluntary excess can help reduce the premium, though it does leave you with more to pay in the event of a claim.
Build up your no-claims discount. It takes a few years of incident-free driving, but lower premiums make it all worthwhile.
Driving a more insurance-friendly car helps lower premiums. If you can live with a less glamorous model, it will be cheaper to insure.
4. When Insurance companies ask what you do play the game. You MUST describe honestly what you do otherwise you will invalidate your policy but you can try different terms to describe the same job such as reporter instead of journalist as it may help you to save money on your car insurance.
5. Find another person to pop on your policy as a named driver and you could make car insurance savings. Why? If they have a good driving record and plenty of driving experience they can be a positive addition and have the effect of lowering your risk factor to the insurance company.
What you shouldn’t do is something called ‘fronting’ –where the main driver is listed as only a named driver to save money – which is illegal. Typically this happens when young men are insured on their mum or dad’s car. As well as being against the law it will also invalidate your insurance.
