Car Insurance Tips

There are a number of ways you can save money on car insurance, so it is important you do some research before you start looking around for some quotes.

Car Insurance premiums are based on a number of factors, and if you understand what factors contribute to higher premiums, you can take action to ensure that these factors do not apply to you, effectively lowering your premiums in the future.

Risk Factors
Make your car as low risk as possible by parking it in a safe place off the road such as a garage, driveway or locked, CCTV monitored car park. Install adequate security alarms, immobilisers and tracking devices that are recognized by the insurance industry such as the Thatcham Category 1 range and have them fitted to your car by a professional, and use a steering lock to deter thieves. Also remove any after market modifications such as alloy wheels, spoilers and turbos, as this can bump your premiums up by as much as 40% in some cases.

Reduce Annual Mileage
Some insurance companies take into account your average annual mileage when putting together your quote, so try and limit your miles if you can to under 7,000 miles per year, as this could mean some significant savings, not just in petrol but also in your auto insurance.

Higher Voluntary Excess
If your car has a low value, or you think it unlikely you will claim against the policy in the near future, then you can save money on your quote by opting for a higher excess premium.

Avoid Small Claims
Avoid claiming for anything under £250 on your car insurance, as this can push your premiums up and can make it much more expensive in the long run. Frequent small claims on your insurance during the year will be viewed negatively by insurance companies, and they may even refuse to offer you a quote if they feel these claims have been excessive.

Wawanesa Insurance
Learn about different types of insurance and find out if you can get a cheaper rate.