Car insurance, especially for the young, can be an expensive business. However, there are things that can be done to help reduce insurance costs.
By reducing your insurer's perception of the risk you pose, you can easily make a big difference to the cost.
Watch where you park
A car left parked by the side of the road is far more likely to suffer accidental damage or theft. If you have a driveway or a garage then it pays to make use of them. Doing so can reduce your car insurance costs.
Your job matters
Certain professions are considered by insurers to be more of a risk than others. For example, statistics show that those in the medical profession are more prone to accidents behind the wheel. Other professions that are also considered 'high risk' are professional sportsmen, journalists and entertainers.
So, make sure that you choose a job description that accurately describes the job you do. Ticking the wrong box could add extra pounds to your premium.
Choice of car
The more powerful and expensive your vehicle then the higher your car insurance is going to be. If you want to minimize the cost of your insurance then go for a smaller engine. Doing so will also mean making additional savings, such as using less petrol and cheaper road tax.
Be secure
Extra security such as immobilizers and alarms can substantially reduce your insurance. However, make sure the alarm you fit is Thatcham approved.
Keep it simple
Any modifications to a vehicle - apart from security improvements - will increase your car insurance costs.
Keep it short
The lower your annual mileage then the less you will pay. If possible, try to reduce the amount of miles you do.
