Car insurance can be a significant expense for drivers, but there are ways to potentially reduce the cost of your premium. One way to do this is to choose a car that is in a lower insurance group. Each car is given an insurance group rating between 1 and 50, with cars in group 1 being the cheapest to insure. Cars that are generally cheaper to insure tend to have smaller engines, be less powerful, and have fewer modifications.
Choose a car with a smaller engine size:
Cars with smaller engines are generally cheaper to insure than those with larger engines. This is because smaller engines are seen as less powerful and less likely to be involved in accidents.
Opt for a car with good safety features:
Cars that come with features such as anti-lock brakes, airbags, and electronic stability control (ESC) can help reduce the risk of accidents, which in turn can lead to lower insurance premiums.
Consider a black box policy:
Some insurers offer policies that use telematics technology to track a driver’s behavior, such as their speed, acceleration, and braking. Drivers who demonstrate safe driving habits can often benefit from lower premiums.
Shop around for the best deals:
It’s always a good idea to compare insurance quotes from multiple providers to find the best deal. Be sure to look at both the coverage and the price when comparing policies.
Choose a higher excess to the cheapest cars insurance:
Consider paying annually:
Paying for your car insurance upfront for the year can often work out cheaper than paying monthly. Monthly payments can come with additional fees, which can add up over time.
Improve your driving skills:
Completing a driving course, such as Pass Plus, can help you become a safer driver and demonstrate to insurers that you’re a lower risk. Some insurers may offer discounts to drivers who have completed these courses.
Consider a multi-car policy for the cheapest cars insurance:
Making modifications to your car, such as adding spoilers or changing the exhaust system, can increase your insurance premiums. Insurers may see these modifications as increasing the likelihood of an accident.
Park in a secure location:
Parking your car in a secure location, such as a garage or driveway, can sometimes lead to lower insurance premiums. This is because it reduces the risk of theft or damage.
Build up a no-claims discount:
If you haven’t made any claims on your car insurance policy, you may be able to build up a no-claims discount. This can lead to lower premiums over time.
Consider a short-term policy for the cheapest cars insurance:
Increase your voluntary excess:
In addition to the mandatory excess, you may be able to increase the voluntary excess on your policy. This means you’ll have to pay more out of pocket if you make a claim, but it can sometimes lead to lower premiums.
Limit your mileage to cheapest-cars-insurance:
Some insurance policies offer discounts for drivers who don’t drive many miles. If you’re able to limit your mileage, you may be able to save money on your car insurance.
Choose a policy with limited cover :
While comprehensive car insurance provides the most extensive coverage, it’s also the most expensive. If you’re looking to save money, you may want to consider a policy with limited covers, such as third-party or third-party, fire and theft.
Pay attention to the car’s security features to cheapest cars insurance:
Consider joining a young driver scheme:
Some insurers offer schemes specifically designed for young drivers, which can provide benefits such as lower premiums and access to driving courses.
Keep a clean driving record to cheapest-cars-insurance:
One of the most effective ways to keep your insurance premiums down is to maintain a clean driving record. Avoiding accidents and traffic violations can demonstrate to insurers that you’re a responsible driver and may lead to lower premiums over time.
Consider telematics or “black box” insurance for the cheapest cars insurance:
Consider a higher excess protection policy:
If you’re concerned about being able to afford the excess if you need to make a claim, you may be able to take out a separate excess protection policy. This can provide additional coverage for the excess, which can lead to lower premiums on your main car insurance policy.
Bundle your insurance policies:
If you have other insurance policies, such as home or travel insurance, you may be able to save money by bundling them together with your car insurance policy.
Take advantage of loyalty discounts:
If you’ve been with the same insurer for a number of years, they may offer you a loyalty discount. However, it’s always worth shopping around to make sure you’re getting the best deal.
Compare policies regularly to cheapest-cars-insurance:
Insurance premiums can change frequently, so it’s important to compare policies regularly to ensure you’re still getting the best deal. Set a reminder to review your policy a few weeks before it’s due for renewal.