These simple, yet effective steps will help you cut your car insurance costs whether you are just starting out or recently passed your test.
As motoring costs rise by the month, it is important to save as much money on car insurance as you can for learners and new drivers.
Recent surveys show that most motorists looking for car insurance online are seeking the lowest rate. Statistics show that other areas of insurance like superior levels of coverage and standards of service almost disappear into insignificance.
Car insurance comparison websites have made it much easier to find lower premiums in recent years. It’s clear that you will save time and money by being able to compare hundreds upon hundreds of policies just by submitting your information to a few sites.
Young drivers and learners face high costs when they try to cover their driving privileges. To lower your costs, please read this brief but useful list before you submit your information.
1. To get lower quotes, use a vehicle that is in a low-car insurance group
The insurance company will give you a group to insure your car. This is one of the most important things. The insurance company will give you a lower car insurance group. Because a car in group 1 will cost thousands less to insure than one in group 20, this is because it is cheaper to insure.
A small, super-mini vehicle with a small engine would make a typical low-insured car. A small, unmodified car that has a 1.0-litre petrol or diesel engine will usually fall within a lower group banding. This is typically a rating of 1 to 5.
Recent changes have seen a shift in the system for car insurance groups. Previously, it was a one-to-20 rating. It is now a one-to-50 system.
2. Insurers will reward you for improving your ‘Road Miles.
It is obvious that more driving experience is better. According to authorities, those with at least 60 hours of driving experience are more likely to pass the practical driving test.
Inexperienced drivers, especially learners, are subject to high premiums because of frightening accident statistics. One large motor insurer reported a 300 percent increase in claims by drivers under 23 years of age over the last five years.
However, claims by drivers over 23 years old fell 10%.
3. Use Car Insurance Comparison Websites to Lower Your Costs
Comparing websites is the fastest and most efficient way to get hundreds of quotes from a handful of sources. It is simple to prepare a quote. All you have to do is provide a few details about yourself and the details about the car that you wish to insure.
However, there are more comparison websites popping up on the Internet. You should be aware that not all comparison sites will work for young drivers and learners.
For someone who has a provisional licence and wants to insure their vehicle, some insurance companies will not even provide a quote. Specialist providers can be more efficient than larger sites that are only interested in insuring the general public.
Do your research to save time and money. Don’t accept the first quote as the only option.
You can reduce your car insurance costs by looking at the different car insurance categories and driving better, especially if you’re a learner driver.