An ever-increasing number of people in the UK are struggling financially due to things like mortgage and rent payments rising, having to pay an awful lot more for their gas and electricity, spending more on food and paying more interest on the likes of loans and credit cards. So, how may you be able to save some money on your car insurance?
Black Box
There are quite a lot of motorists who have found that by having a black box fitted to their car dashboard has reduced their car insurance premiums. This is because the black box monitors certain ways that you drive the vehicle. For instance, it looks at the speed you travel, where you are driving, when you are driving the car and how you brake.
It is also known as telematics car insurance and has been around for quite a few years now. When it originally came out it tended to appeal to the young motorist but gradually more and more drivers of varying ages have taken out such cover. An increasing number of insurance companies now offer such cover.
When to obtain a quote
Research has revealed that there may be a preferred time to obtain a car insurance quotation prior to your existing cover coming up for renewal. For instance, you may find that the quote is cheaper around 20 to 26 days before your existing cover comes up for renewal.
It is quite possible that the closer that you get to when your existing car insurance is coming up for renewal the more expensive the price will be. Perhaps that is because insurance companies feel you are more likely to feel you need to make a quick decision if you get competitive quotes within a day or two of your existing policy coming up for renewal.
Adding an experienced driver to the policy
If you add an experienced, careful driver to your policy as an additional driver then you may find that this brings down the cost of your car insurance. This may appeal to young policyholders who tend to pay more for their car insurance than mature, experienced motorists.
We hope that the above is of benefit to some of our readers. If you are looking for a competitive car insurance quotation then why not get in touch with us as we provide access to an extensive panel of reputable car insurance providers. We look forward to hearing from you at your convenience.
