Britain’s biggest car buyer’s guide, What Car? has provided the nation’s motorists with a ten-point checklist of ways to combat rocketing UK car insurance premiums and fraudulent car insurance claims.
- Shop around online, use comparison sites to narrow down providers, but don’t assume that this is the cheapest premium you can acquire.
- Get providers to fight for your cash, phone insurers direct to see if they can beat an online quotation.
- Young drivers can save money by placing their mum or dad on their policy as an additional driver in a bid to lower your premium as parents are lower risk drivers.
- Women are also considered a lower risk to insurers than men, so adding a female driver to your policy can also achieve a reduction in your overall premium.
- You may feel that drivers with access to other cars could see their premium increase, but the opposite can be true.
- Secure a realistic car insurance quote – there’s no point insuring a £5,000 car for £50,000 as you certainly won’t receive £50,000 in the event of a write-off.
- When comparing car insurance quotes drop the value of your vehicle by a few pounds and your premium may fall – e.g. £9,995, not £10,000.
- Cut back on insurance extras such as breakdown recovery and European cover in order to reduce bills.
- Insurers will undoubtedly charge interest if you pay your UK car insurance monthly, so settling in full up front will be cost-effective.
- Agree to lower annual mileage limits as this should reduce risks and ultimately costs.
Posted:
29/07/2010 10:03:51 by
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