| Parking location |
For maximum benefit keep your car parked in a locked garage overnight.
If you don’t have access to a garage, then parking on a driveway is viewed
as less of a risk than parking on the street. |
| Mileage |
Accuratley estimate your annual mileage each year. If you change jobs
and have a shorter commute you could save money. |
| Marriage |
Married men attract lower premiums than single men, although its not a good
enough reason to get married! |
| Car security |
A car
alarm, immobiliser or tracker make it less likely that your car will be stolen
and therefore should reduce your premium. Some insurers insist on a tracker for
certain cars. |
| The law |
Keep with in the law the number of speeding offences etc, the more
expensive your car insurance is likely to be. |
| Optional extras |
Only
select to have a courtesy car or cover for legal expenses if you really need
them. |
| Modifications |
New wheels, seats, adding a spoiler, engine mods, chipping are all
changes that could add to your premium especially for younger
drivers. |
| Young drivers |
Adding a parent to your insurance, or an older, more experienced
driver, can cut costs. |
| Named driver |
Adding a named driver, ie spouse, can somtimes reduce the cost of
insurance. |
| Excess |
Voluntary excess can often reduce the cost of your premium, but weigh
up if a large excess is worth the small amount you may save. |
| Monthly premiums |
Try and avoid monthly premiums as most insurers charge a fee for this
service. The fee ranges from an Annual Percentage fee of 13% up to 29%
APR |
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