How can motorists keep their car insurance premiums low?

Motorists are continually told to search through comparison websites to try and get the best car insurance deals but there are steps they can take to try and cut the costs of their premiums.

When applying for their insurance, it is important that people make accurate calculations, especially when it comes to the number of miles they drive each year. Taking some time to work this out could save them money in the long term.

Adding unnecessary modifications to a vehicle is a big mistake many motorists make. Car insurance premiums are likely to rise on the back of any modification to make the car quicker and more powerful. Young drivers especially need to avoid buying ‘boy’s toys’ for their vehicles in an attempt to make their car look better. It will only cost them more money when it comes to renewing a policy.

The installation of a car alarm is a simple but hugely effective step to take in a bid to reduce insurance premiums. A Thatcham approved alarm system can knock as much as 10 per cent off a cover policy. It is important though that people, who do install an alarm system, remember to alarm their car when they leave it!

If a motorist lives in a house with a garage, it will be more effective and frugal to fill this space with a vehicle, rather than a load of useless clutter. Not only will it keep the car safer from damage and vandalism, but insurance companies will recognise this and drop premiums accordingly. Not leaving a vehicle parked on a road side can save motorists as much as 5 per cent on their cover policy.

By adding a named driver to an insurance policy who has more driving experience can be beneficial. Young drivers in particular can make huge savings, as can male drivers by adding a females name to the cover.

Careful drivers can build up a no claims bonus which can save them as much as 30 per cent on their insurance cover. Not only will driving sensibly keep you safer on the roads, but it will also help to keep your money in your pocket!

When it comes to choosing which type of cover you need, is comprehensive cover really necessary? A cheaper option could be third party or third party fire and theft cover. It is therefore important for motorists to look around for the best deals and choose the best option for their individual needs.