Due to the nature of being a courier, we know a thing or two about cars. More specifically, we know we’ve learned some great ways to save money on all kinds of driving related issues, as you might have read in our last bog post, ‘How to Save Money on Your Fuel Consumption’. Here, we’re going to impart some of our great tips on how to save money on your car insurance.
Whilst it may be the easier, option you shouldn’t automatically renew your existing quote. Comparison sites collect all the data available from a range of different insurance providers, allowing you to find a cheap deal that matches your requirements. You should remember to shop around a range of comparison sites instead of just one, as none of them have information on all the available providers. Some of the most popular sites include:
Don’t Accept a Renewal
When it comes to car insurance, it’s always a good idea to not to accept a renewal from your existing provider. Because of the huge competition between insurance providers, customer loyalty means very little. What these companies primarily fight over are new customers. They do this by offering big discounts, sometimes as much as half of the typical quote price just to get people to sign with them. If you don’t want to go through the hassle of changing companies, you can always go on your existing providers’ site and applying for your current insurance as a new customer. This way, you can see how much they are over charging you and can use this as evidence to their customer service team, who may offer to lower your quote to retain you as a customer.
Car modifications can be extremely expensive in terms of your car insurance. Around half of insurance providers won’t offer cover for a significantly customised car, whilst those who do will charge extra rates to provide it.
Thatcham-approved security devices can potentially save you a significant amount on your car insurance. These devices are evaluated by the Thatcham Motor Insurance Repair Research Centre against the criteria set by insurance companies. The majority of insurance providers realise that these devices are secure and effective, which is why they tend to give discounts to those who have these devices.