Would you like to have lower premiums for your UK car cover? It's possible if you take the right steps.
Here are some helpful tips to lower your monthly premiums on car insurance: 1.
Shop around: Before you renew your current car cover policy, shop online to verify that you are paying the lowest premiums possible.
Various factors impact how much you pay for car cover.
So by shopping around you might discover that you could be saving money by switching to another insurer.
Basically, there is no guarantee that a particular insurer will always provide you with the lowest premiums possible.
So check, just to be certain.
2.
Learn what discounts you qualify for: Insurers tend to provide an array of discounts, such as those for safe driving, low mileage, student drivers and so on.
These discounts can substantially decrease the cost of your car cover premiums.
3.
Bundle your insurance policies: Many providers of car insurance also provide other types of cover, such as home and life insurance.
Several of these insurers provide huge discounts for customers who purchase multiple types of policies from them.
While you shouldn't assume that this will provide you with the cheapest premiums, it could.
So do the math! 4.
Start driving after you are 21 years old: If you are under 21 years old (and particularly if you are a male), then you will automatically be paying some of the highest premiums in the world.
One of the easiest ways to reduce your car cover premiums is to start driving when you are 21 years old.
Premiums drop significantly at this age and then again when you turn 25 years old.
Also, keep in mind that premiums will drop more for males, than for females.
Statistics show that drivers under 25 years old (and particularly men) tend to be in more vehicular accidents than those drivers who are over that age.
5.
Store your vehicle in a garage: Believe it or not, many insurers will reward you with lower premiums if you take this simple step.
Will it guarantee that your vehicle will never be stolen? No, but a garage serves as an excellent deterrent of theft.
So if you want UK cheap car insurance, then consider taking this step.
It could save you a ton of money.
6.
Lower your voluntary excess: This is another way to reduce the costs of your cheap car insurance.
However, keep in mind that this is only a short-term solution.
It assumes that you will not need to make any claims.
However, if you do, then you will have higher out-of-pocket expenses.
And keep in mind that there is no guarantee that you will never have to make any car cover claims-regardless of how carefully you drive.
So while lowering your voluntary excess can provide some benefits in the short-term, consider the extra costs that you could spend in the future.
If you want to lower your car cover premiums, then consider these 6 tips.
You have several other monthly expenses, so why pay more on car insurance than you absolutely have to?