Of course, it’s always worth spending a bit of time on the comparison sites to make sure you’re getting a good deal from your current insurance company.
If you find a cheaper deal ask your current provider if they’ll match it on the same terms. Items such as included legal assistance and personal accident cover might add a few pounds to the premium but could save an individual or company a fortune in the event of a claim!
Check these ideas that might just save you money on your business or personal car insurance premium!:
- Keep your annual mileage estimate as realistic as possible.
- Consider a multi-car, business fleet or home and car policy, many insurers will reduce premiums for “bundle” policies.
- Pay your premium in advance. Paying monthly is dearer. Maybe you could use a 0% interest credit card instead of taking the insurer’s monthly payment deal?
- Take an advanced driving course. You’ll be safer, more skilled and after recovering the cost of the course you could save a fortune on future premiums.
- Check if your insurer offers discount for Dash-Cam users. There are millions of cars, vans and trucks fitted with these nowadays and many insurers offer a discount for policy holders that use them.
- Offer to pay more “excess”. This will usually reduce the premium and saves the non-claiming motorist on premiums.
- Time your renewal for February. MoneySuperMarket research showed February is the cheapest month to renew. December’s the most expensive. Do the sums and check how much you can save by moving your policy date.
- Fit a black box. More advantageous for new drivers these can substantially reduce premiums and are often tied in with rewards or special offers on other goods for non-claimers.
- Renew in plenty of time. Leaving it until the day before your renewal date can cost more with many insurers.
- Finally, drive even more carefully and lease a car that's cheaper to insure! Insurance group details appear on the information pages for all the vehicles on my website!
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4th of February 2020