With the increasing price of living, fuel, road tax and repairs the last thing you need is even more outgoings through car insurance which is just far too expensive, there are however various ways in which you can get the cheapest possible car insurance quote.
First of all the actual car needs to be considered. Cars in low insurance groups are the cheapest to insure, not only are they cheap to insure they are also cheaper to run and maintain which brings your total car running costs down. If you are about to change your car, or could change your car to one in a lower insurance group you should consider doing this to take advantages of the lower costs.
Although it is tempting to add yourself to your partner’s or parent’s policy in the long term this is not the best option financially! Every year you are added to someone else’s policy they are building up a no claims discount and you aren’t, therefore when you come to start your own insurance policy even though you have been driving for several years with no claims you do not have a bonus to show for it.
The Pass Plus course was developed primarily with new drivers and the inexperienced in mind, this cost around £100 depending on your area and you can often get grants to pay for the course. This can shave up to £350 off your premium, making it cheaper and a lot more affordable.
You can always increase the voluntary excess of your insurance policy, although this will make your policy cheaper month to month, if you were to ever need to make a claim then you will have to pay the initial compulsory and then voluntary excess on top of that before the insurance will pay out any money. This could be expensive and you should not increase your excess to a point which you cannot afford or increase it more than the actual value of your car.
Most importantly you need to shop around, most people use one car insurance price comparison engine and leave it at that, this is one of the biggest mistakes you could make when trying to find the cheapest car insurance possible. All three of the main car insurance comparison websites Confused.com, GoCompare.com and CompareTheMarket.com feature most of the insurance companies so it is easy to believe that using one will get you the best possible deal. There are some insurance companies that are not featured in all three and others that are cheaper than one than they are on the other two, just using one of these price comparison sites will leave you missing out on some of the potentially great deals available.
There are also several insurers and brokers that are not included on any of the price comparison sites and the only way to get a quote from them is to go direct. It is worth the extra time doing this as you could miss out on some great deals otherwise.
If you use a credit card or have a store or reward card from another company it is worth looking into these to see if they have any special offers or increased rewards if you purchase their particular brand of car insurance and pay for it with your credit card or use your reward card.