How to get the best insurance price

If the time has come for you to renew your car insurance then you might want to check out these top tips here on how you can cut the cost.

Purchasing car insurance can sometimes leave you feeling like you’re out of pocket but it doesn’t have to be like that. How much you pay for your car insurance will depend on a variety of different things. Before you go making the ultimate purchase, check out these top tips on how to slash the cost.

1. Pay annually

If you can, try and pay for your policy outright all in one go as this often tends to be cheaper. Generally, insurers will offer you two options on how you’d like to pay – a lump sum or monthly instalments. Although paying monthly might seem like a good idea as you’re able to spread the cost it can also sometimes make your insurance that little bit more expensive.

2. Pick the right job title

Believe it or not but your job title can actually affect the price of your car insurance. The rationale behind this being that your job affects your lifestyle, which affects how you drive. Therefore, your price may change, depending on which job title that you use when pricing up your insurance, Just try and be as accurate as you can as this will help to make sure that you’re getting the right level of cover.

3. Don’t just auto-renew

Your insurers will probably appreciate it if you stay loyal to them but just know that you don’t have to. And if truth be told, you’ll probably be paying more than you should if you did that. So just be aware that you might be able to find it cheaper elsewhere if you compare insurance policies.

4. Change the named drivers

You’re probably already aware of this, but for those who might not be, having other drivers on your insurance policy can sometimes bring the cost down. However, if the other driver is considered to be young, then the cost of your insurance policy may increase as they are considered to be of high risk.

5. Cut the costs with a black box

A black box can help lower your insurance costs as well as how much and when exactly you’re driving your car. Generally aimed at young drivers, a black box is there to track your mileage, safety and other factors that may be laid out to you by the insurer. If you’re young and want to try and cut your insurance costs, then this could be for you.

6. Build up your no-claims bonus

For every year that you go without making a claim on your insurance, this adds to your no claims bonus. Therefore, the bonus you can rack up, the cheaper that your insurance could be. Maybe your car insurance is up for renewal but you’re also thinking about scrapping your car and getting yourself a new one, then why not let us help you to sell your car?

Whether you want to sell your car or scrap it for a fair price, then we’re here to help. Simply into our online valuation tool and we’ll provide you with a list of offers for your car.

jamjar.com

jamjar.com

Sell your car with jamjar - Get instant offers now.

Share:

Facebook
Twitter
Pinterest
LinkedIn

Car Buying:

Popular:

EV:

Read More

More Articles

How much EV range do you really need?

Do you have electric vehicle (EV) range anxiety? Let us help you to put your mind at ease as we delve into the distance an EV can travel on a single charge of its battery. According to the Electric Vehicle Database, the average EV range in the UK is around 200 miles, but some models can go much further or shorter than that.

What is a deductible in car insurance?

According to Investopedia, a deductible in car insurance is the amount of money you pay out of pocket when you file a claim for certain types of coverage, such as collision or comprehensive.
After you pay the deductible, the insurer helps cover the remaining costs of car repairs and medical bills up to your policy limits, says Kiplinger.

Can I sell a deceased relatives car?

Selling a deceased person’s car can be a complex and emotional process, so it is important to do your research and seek legal advice if you are unsure of anything. The answer is yes, you can sell a deceased relatives car but you will need to follow some steps to do so legally and properly.