Cheap car insurance

How to get a cheaper car insurance premium

Driving down the cost

Looking for cheaper car insurance? It really does pay to shop around.

While the cost of accident repairs and personal injury claims can push car insurance premiums up, competition for your premium keeps price rises in check. But beware – some insurers may trim policy benefits to produce a 'cheap' premium.

So how can you cut costs? Here are our tips on reducing your premium.

Cheap car insurance

Check the policy benefits – not just the price

Does the policy give you benefits that could come in handy? Useful benefits could include:

  • A courtesy car while yours is being repaired.
  • Cover while driving in Europe.
  • Help with the recovery of uninsured losses (which could include your out-of-pocket expenses after an accident).

Once you've considered the policy benefits, always check the compulsory excesses before accepting a quote.

Think about your driving

If you want to reduce your next car insurance premium, then the way you drive can help.

Stay within the speed limit – a speeding ticket is likely to increase your premium. And if you reduce the annual mileage on your vehicle, perhaps by cutting back on journeys or using other forms of transport, you're likely to cut your premium as well.

A secure car can reduce insurance costs

If possible, don't park your car on the street at night. Keeping it on a drive is preferable, but use the garage if you have one and lock it at night – the extra security could bring a discount on your premium.

Improving the security of your vehicle can also help reduce your car insurance premium. Insurance companies can tell you which security devices will bring a discount. Tracking devices and immobilisers are likely to give you the best discounts.

Tips for young drivers

If you're a young or newly qualified driver, it's worth considering the Driving Standards Agency's Pass Plus course. It helps you improve your driving experience in key areas like driving at night and on motorways, and could get you a discount on your car insurance.

Learn more about cheap car insurance for young drivers

Tips for older drivers

If you're approaching retirement and looking forward to putting the daily commute behind you, there's more good news. Once you retire, tell your insurer about the reduction in your annual mileage – it could reduce your premium.

Are you a parent with teenage children who are learning to drive? It's worth encouraging them to buy their own car and insure it themselves. This will help them gain their own no-claims discount and cheaper car insurance in the long run. Be aware that if you get your son or daughter insured as an additional driver of your car and they have an accident, your no-claims bonus will be affected.

Consider voluntary excess for cover

Finally, consider how much you'd be prepared to pay out if you have to make a claim. If you can afford to pay another £100 or £200 as a voluntary excess, your annual premium costs may come down.

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