How To Get a Better Deal On Your Car Insurance

With belts tightened in pretty much every aspect of our lives recently, you car is one part of your budget that you may be looking to make savings in. Our cars can end up costing quite a lot to run; from practicalities like fuel and repairs to legalities such as tax and insurance, there’s a lot to consider. 

While we’re not in control of the price we pay for fuel or the rate vehicle tax is set at, we can have an impact on our car insurance premiums. Below, we explore the ways in which you can get a better deal on your car insurance; we promise you, it’s possible. 

Compare

When making any financial decision, it makes sense to shop around for the best deal, and choosing your car insurance is no exception. Whilst the so-called ‘loyalty penalty’ is now banned,  prohibiting insurance companies from setting higher premiums for their existing customers, you could potentially still find a better deal elsewhere. 

Spend some time on comparison sites, as they can do a lot of the hard work for you, though don’t forget to also check the car insurance providers that don’t appear on comparison sites. 

Be mindful of your mileage

It’s not always easy to estimate exactly where we’ll be zipping off to in your car throughout the year, but a generally accurate guess is essential in the event of a claim. If you keep your mileage low, you’ll also lower your insurance premium; being out on the roads less reduces the risk of an accident. 

Don’t forget to take into account school runs, travelling to work, and any holidays you’re planning on going on.

Pay annually 

Paying monthly for your car insurance is essentially a credit agreement, and you’ll pay more for the convenience of spreading the cost. Whilst paying the lump sum payment may feel like a more painful way to set up your insurance, it works out better in the long run. 

If you’re able to, pay your premium annually to save yourself some money.

Calculate the extras

Extras such as breakdown cover and key protection can be added on to your policy in order to provide peace of mind, though they also can increase your premium. Whilst these add-ons can be well worth it, it may work out cheaper to purchase this type of cover seperately; some things may even be covered by your warranty. Opting out of these extras can bring your premium down. 

Negotiate

It’s not always comfortable, but it can be worth it; approaching your existing supplier with a price you’ve found by shopping around can get you a cheaper premium without having to leave a provider you may actually be happy with. A phone call is the best way to do this; just make sure you’ve done your homework first! Comparison prices are your bartering tool, encouraging your existing provider to match it and retain your business. 

Keep your car secure

Have you noticed that car insurance providers will always ask you where you keep your car, and what security system is in place? A secure parking spot and a robust security system can reassure an insurance provider that the car they’re protecting isn’t put at unnecessary risk, and can therefore bring your premium down. 

Invest in keeping your car safe and secure to reduce your car insurance payments, and provide yourself with peace of mind.

Find your next car at Carlingo 

Everyone wants value for money when they’re looking for their next used car, and at Carlingo, we’re proud to provide it with every car. We spend time preparing each car to the highest of standards, ensuring you’re paying the best price for it by price checking daily. 

If you’ve resolved to be sensible with your money but are still in need of an upgraded used car, start and end your used car search at Carlingo in Harrogate.