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It’s easy to save hundreds of dollars a year on your auto insurance, but most people stick with their current provider and pay a lot more than they should.

The mistake most drivers make is not just looking for the best premium. Instead, they just accept their insurer’s renewal quote, which will likely be much higher.

The good news is that comparing auto insurance is simple and easy, and you can find the best price in less than five minutes.

You can then compare the quality of the policy and get an idea of ​​the best price to negotiate with your existing insurer, if you wish to stay put.

Are there many ways to reduce your auto insurance costs? Whether you are a man or a woman, old or young, follow our ten steps to reduce your premiums.

How to quickly save on insurance

When it comes to auto insurance, never just take your renewal price – shop around instead and with a comparison site that only takes a few minutes.

You can try using the quotes you get to negotiate a better deal with your current provider, or just switch to another insurer who can offer better deals to new customers or better service.

Getting a quote is easy using price comparison websites you can try MoneySupermarket, GoCompare or use It is the partner of Money Compare The Market.

Some insurers do not appear on comparison sites and are worth checking out directly. The two main ones are Direct line and Aviva.

Car costs: use our ten-step plan to reduce your car insurance costs

1. Take the tour for the best auto insurance

This is the best way to save money on auto insurance. Savings of hundreds of pounds can be made if you shop around when you renew your coverage.

Be careful though. When shopping for auto insurance, it is important to make sure that you are comparing comparable covers. Some policies may seem cheaper, but you might find that you don’t have the same level of coverage when you need to make a claim.

Use an online comparison service, such as This is Money’s partner Compare the market to do the hard work for you. Enter your details and check the prices displayed. You can change the deductible you’re willing to pay and the mileage driven and get new quotes.

Also check insurers that are not in comparison sites, the two big ones are Direct line and Aviva. It is also worth checking out Admiral separately for its Multicar offers if you want to insure several vehicles.

If you’re happy with the coverage your current provider has offered so far, but you’re not happy with their renewal quote, tell them about the best offer you’ve received from a competing insurer and ask. him to equal him at least. Price comparison is essential to find this information.

2. Don’t put everyone on your policy

Make sure that only regular drivers are named on the font. You can always add someone for a few days when they really need to drive the car.

3. Protect this bonus

A long loss-free bonus is the best way to reduce car insurance costs, so protect it.

This may increase the premium by a few pounds, but it becomes insignificant compared to the potential loss of a 90 percent discount on a premium of several hundred pounds.

But the definition of a protected bonus can vary considerably from one insurer to another.

Although accidents caused by another driver normally have no impact on such premium, those caused by the insured could. The key is to always check the policy carefully.

4. Increase your voluntary deductible

Agreeing to pay more for the cost of repairing an accident will lower premiums. If you are not at fault in an accident, the deductible can be clawed back. Be careful, however, of the temptation to let it go too high, especially if you have a lower value car.

5. Secure your car

Ride a approved alarm, an immobilizer or a tracking device can benefit from a discount of about 5%. Many newer cars will come with these as standard, so be sure to check if you have them and then declare them.


Don’t forget to haggle! The auto insurance market is notoriously competitive. Once you’ve been on This Is Money’s comparison and found your cheapest price (below), call and start negotiating!

Avoid paying monthly fees: Ddirect debits usually come with high interest rates.

An alternative is to borrow the money from a 0 percent purchase credit card and then erase it within a year.

Get off the beaten track: An accelerated no-claimbonus, such as the bonus accelerator Admiral, could give you a year of no-claims bonus after just 1 year0 months.

Named drivers, friends and family: If you have already been insured as an additional driver on another policy, see if you can transfer a no-claims bonus to your own insurance coverage.

Some insurers do, including AA and Direct line . Try to get a discount by insuring two or more vehicles with friends or family with the same company.

No discount on claims: it might be worth paying extra to protect yours

No discount on claims: it might be worth paying extra to protect yours

6. Drive less kilometers

Reduced mileage equals greater savings.

For example, a reduction in annual mileage of 5,000 miles could save around £ 50 per year in bonuses for a typical 35-year-old driver.

Cutting 10,000 miles a year could save over £ 100.

But you need to be honest about your annual mileage because any inaccuracy will put any claim at risk.

Check your usage coverage – if you don’t use your car to commute to work or on business – two things that increase your premium – you may be able to get a cheaper rate.

7. Think carefully about adding young drivers

Adding an inexperienced young driver to your policy can be a false economy, especially if you have a larger or more powerful vehicle.

The bonus will always be assigned by the youngest driver and he or she may not have a bonus. Insurers have also cracked down on fronting, where parents insure cars on their behalf for children to keep costs down, so make sure that if you are the policyholder of a car driven by your children that you are in fact its primary driver, or that you state the opposite.

8. Beware of car insurance traps

If you decide to change your car, check with your insurer to see if the model will have a significant effect on the premium.

Sports cars can attract a high premium and often a slightly different model or a smaller engine can make a big difference in your favor. It will also probably save you gas!

Be aware that insurers will try to include an administration fee for changes made to a policy mid-term. These charges, usually between £ 25 and £ 50, will be added if you change your vehicle or your home address.

However, you can request the fee waiver if it is a minor adaptation, such as switching to a personalized registration number.

9. Remember what the garage is for

If your garage is full of trash, clean it out and use it for your car.

Insurers like cars kept in garages overnight, which can dramatically lower your premium.

Besides the benefit of not having to scrape the ice in the winter, there is a higher risk of theft by keeping the car on the road, so keeping it in the garage will reflect in your premium.

10. Be a better driver and sign up for a black box

Blackbox policies, where the insurer installs a system in your car to monitor your driving, reward those who drive safely.

Officially called telematics, these check your speed, the aggressiveness with which you accelerate and brake and the caution with which you drive, and also whether you are on the road at times perceived as dangerous, i.e. in the early hours of the morning.

They can dramatically reduce premiums once you start proving that you are a good driver. The biggest win is for those with high premiums, especially young drivers.

Some insurers even offer an initial discount if you take out a telematic policy.

Women and cheaper insurance

The EU has ruled that financial companies can no longer take your gender into account when deciding what to charge you.

This was triggered by a ruling by the European Court of Justice on a challenge from a Belgian consumer group. His argument was that the exemption for insurers contradicted the principle of gender equality.

The ban went into effect on December 21, 2012, after a fierce campaign by UK companies who argued that they did not discriminate between sexes, but based their prices on statistics.

Their argument was that as women live longer, they pay less for life insurance and get cheaper car coverage because they have fewer accidents. The shift to gender-neutral pricing will affect premiums for all types of insurance – including car, life, private medical care, and income coverage.

Despite this, there is still a significant difference between the prices paid by male and female drivers on average, which is currently around £ 100.


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