Five ways to save on Your Car Insurance

There are certain days in the year which most people look forward to:birthdays, Christmas and anniversaries to name a few. But then there are also those days that you’d rather didn’t really exist. Needless to say, the day your car insurance quote needs renewing probably falls within the latter category.

It’s traditionally a wallop on the wallet, often when you really don’t want it. However, not every year has to be such a drag. Thanks to the Internet, making big savings on your insurance quote is much easier nowadays. Take a read of this article to see how you can save this year.

Forget the Current Insurer

When it comes to personal finance, too many people give into apathy and do not go for the best products. Car insurance is one of the products that commonly falls into this category. Rather than sticking to the old insurer just because you’re loyal and it’s the easiest option, think about the savings you could make if you switched and took your time about it – this could quite possibly run into hundreds of pounds.

Shop Around

When shopping around for your insurance, use the Internet wisely. Don’t just go to the comparison website that you’ve just seen on the TV and take the top quote. Look through a number of comparison websites and think about sites that you might not have seen so far. Co-Operative Insurance is worth a look for car insurance quotes, but don’t just stop there – type ‘car insurance’ into a search engine a couple of times and take your time.

Drive Less

If you’ve got a long way to work and the fastest way to get there is to drive, then fair enough. However, you should consider all of those little journeys you make and decide whether or not you need to take them. As fuel prices have gone up so much lately, it might also be cheaper to take public transport. Basically, the fewer miles you clock up per year, the less likely you are to crash, and so insurers will be willing to give you a lower quote.

Avoid Paying in Installments

If you haven’t got much money to spare when your car insurance quote comes around, then you might want to think about paying in installments. However, make sure you bear in mind that paying this way could cost you dear in the long run. You may end up paying over 20% more over the course of a year, so make sure you read the small print or avoid it altogether if you can.

Don’t Modify

The more changes you make to your car, the more your likely to be charged. Alloy wheels, racing seats or a customized engine could make your car more attractive to thieves, or poor workmanship could make it unsafe. If you have made modifications, make sure you tell your insurer, otherwise you could end up invalidating your policy.