The best ways to save money on motor insurance

Car insurance might be a necessity but that shouldn’t mean paying over the odds for it. With advice on how to get cheap car insurance, here’s comparison site mustard.co.uk. 

Choose a car in a low insurance group

All cars made for the UK market belong to an insurance group. There are 50 groups in total based on car value, performance, safety and security. 

Cars in lower insurance groups are generally cheaper to insure which can help you keep car cover costs in check. 

Consider all levels of cover

Comprehensive car insurance is the highest level of cover you can buy so it’s easy to assume it’ll be the most expensive, but that’s not always the case. 

Statistics show comprehensive policyholders tend to claim less which is reflected in premiums so for some drivers, comp cover can actually work out cheaper than third party insurance. 

Think about a telematics policy if you’re under 25

Telematics insurance calculates premiums according to the way you drive, rather than industry data which show young drivers are more likely to be involved in an accident. 

If you drive consistently well, based on your speed, acceleration, cornering and braking, you could see your premiums lowered at renewal. Some insurers also renew policies every few months so you could see the benefits even faster compared to those without a telematics policy. 

Pay for your policy annually

Although it’s a lot of money upfront, paying for your policy annually can save you money. Paying in monthly instalments means interest will be added so you’ll pay more overall. 

If you’ve got an interest free credit card, you can buy your policy upfront but still spread the cost. However, you’ll need to pay off what you owe each month otherwise you’ll face late fees. Continually missing repayments also means you could damage your credit score which makes it harder to secure credit in future. 

Increase your voluntary excess

Your excess is the amount you must pay towards a claim. Increasing this can lower your overall premium.

But remember, you have to pay your excess for a claim to go ahead so whatever you agree should still be affordable.

Take an advanced driving course

Some insurers will give you a discount if you’ve completed an advanced driving course, particularly if you’ve recently passed your test or you’re a young driver. 

While it’s always good to improve your skills behind the wheel, if you’re only doing it to save money, find out what discount you’re likely to get and whether it’s worth it. 

Secure your car

The lower the risk of your car being stolen or damaged, the less you can expect to pay for car insurance. For instance, it’s ideal if you can keep your car in a locked garage overnight or on a private driveway. 

But if neither of these options is possible, consider investing in a car alarm or immobiliser. 

Tweak your job title

From an insurance point of view, some jobs are associated with a higher risk of making a claim. With that in mind, try tweaking your job title to see what impact it has on your premium. 

Needless to say, the title still has to accurately describe what you do, for example nurse/community nurse, air steward/flight attendant. Using a completely unrelated job to get cheaper car insurance is insurance fraud and will invalidate your policy. 

Compare policies to get the best deal on your car insurance

Comparing car insurance quotes is genuinely one of the quickest and simplest ways to get great value car insurance. At mustard.co.uk, you can compare quotes from dozens of leading UK insurers so you can be confident about finding what you need at a price that suits you. 

You can start your quote online or if you’d prefer to speak to someone, you can call a friendly member of the team on 0330 022 8812.