![](https://i0.wp.com/nen.press/wp-content/uploads/2024/02/quotezone.jpg?resize=660%2C440&ssl=1)
British motorists are being given top tips on how to save money on their car insurance policy after concerns premiums are on the rise.
In a year many goods have increased in price, car insurance premiums are no exception.
Insurance price comparison specialists Quotezone.co.uk are urging drivers to take steps to lower their premiums.
One of the most important money-saving tips is to do your homework, compare different providers, and never let a policy automatically renew.
Drivers need to strike a good balance between cost and coverage, ensuring the policy has all the essentials they need at a competitive price.
Among the list of money saving hacks is shopping early, improving vehicle security, building up the no claims bonus and being mindful of where the car is kept overnight.
These simple tips can come in very handy for those looking to make cutbacks on their insurance expenses without making any major changes.
![](https://i0.wp.com/nen.press/wp-content/uploads/2019/02/driving.jpg?resize=660%2C411&ssl=1)
Quotezone.co.uk Founder and CEO Greg Wilson said: “It’s concerning to see car insurance prices on the rise. The soaring cost of repairs, materials and even paint, has all had a knock-on effect on premium price. The volume of claims is also increasing, partly due to the extreme weather we’ve witnessed recently.
“However, we can help, there are ways to save and using our comparison site is an ideal platform to compare products, to make sure you’re getting the cover you need, at a price you can afford.
“While aiming to secure cost-effective coverage, it’s crucial for drivers to ensure they’re not compromising on protection in case of accidents or unforeseen circumstances. Often there’s very little difference in price between third party cover and fully comprehensive, so if you can, it’s best to safeguard your finances and go fully comprehensive.
“It’s also important to always give accurate information when getting a quote, as any incorrect information can invalidate your policy and leave you unprotected.”
![](https://i0.wp.com/nen.press/wp-content/uploads/2024/02/quotezone-1.jpg?resize=505%2C500&ssl=1)
Here are Quotezone.co.uk’s top 10 tips to help get a cheaper insurance premium:
- Shop early
It’s better to plan ahead and buy your policy early to lock in the price, as premium prices tend to increase the closer you get to your renewal date. The optimal time for bagging the cheapest deal is three weeks before the new policy is due to start.
- Pay annually
If possible, it’s best to pay the entire annual premium upfront to save hundreds in the long term. Insurance providers look at monthly instalments as loans and can have high interest rates. Consider paying it all in one go to knock cash off your policy.
- Improve vehicle security
Most vehicles should have an alarm and immobiliser as standard but it’s worth installing anti-theft devices such as a tracker and dashcam – it will upgrade the vehicle’s security and could get you cheaper premiums. Get the policy quotes first to consider whether the extra cost of fitting the devices will be worth it for the insurance savings.
- Review your policy
Make sure to only pay for what you need and avoid driving up the premium by adding unnecessary add-ons – such as annual mileage, make sure your estimation is accurate. Also check your vehicle use, if you use it to drive to the train station for your commute to work it still needs to be noted as used for your daily commute. If you now work from home full-time, it might be worth switching the vehicle use to social only, it could result in big savings.
- Add another driver
If you add another driver to the policy then you may be eligible for a multi-driver discount, plus you can split the cost of the premium. It can be particularly beneficial if the other person is an experienced driver with a clean record as they pose less risk to the insurance company, which could lead to lower premiums. Just make sure the person who uses the vehicle the most is noted as the main driver, incorrect use of this information is known as ‘fronting’ and is actually illegal, likely resulting in a criminal record and a void insurance policy.
- Park in a safe place
Car owners that make use of their garages, driveways or carports for overnight parking can make big savings on their car insurance – parking on driveways rather than on the road can save you over £140 on average every year. Carport owners can do even better, with savings coming in at £230 on average.
- Build up your no claims bonus
Avoid filing small claims to build up your no claims bonus. Opting to pay for minor damages out of your own pocket instead of filing a claim can prevent potential premium hikes.
- Opt for a telematics product or black box
Getting a telematics device or black box fitted allows drivers to showcase their safe driving which can lead to cheaper premiums. This is a good option for young drivers and those with previous motoring convictions who are charged more as they are seen to be more at risk. By using the device it’s giving the insurance company data on which to base its risk analysis.
- Avoid penalty points
Penalty points on your licence may not only result in a steep fine but will also bump up your insurance costs too. Drivers can expect premiums to rise by 5% for three points and 25% for six points if they’re starting from a clean licence.
- Compare everything
Don’t allow your policy to renew automatically or settle for the first insurance quote you receive. Take the time to do your research and compare rates from multiple sources to get the cheapest price on your premium. You can save time and utilise price comparison websites to help you compare providers, compare products and of course compare prices.
To compare up to 110 UK car insurance providers visit:
https://www.quotezone.co.uk/car-insurance.