The cost of motoring insurance continuing to rise, the latest Confused.com car insurance price index reveals a year-on-year price increase of 17%, below are some ideas that may help towards a lower insurance premium.
Consider taking a pass plus course
Once you have passed your driving test it will mean you are now legally allowed to drive on the road. Driving courses like Pass Plus can sort out any habits you’ve picked up that may affect your driving ability, it can improve your confidence on the road and give you more knowledge with different driving conditions. If you are to pass the pass plus course, let your motor insurer know as it can reduce your chances of making a claim and it will help towards keeping your insurance quote being lower.
Increase your excess
If you choose to go for a higher excess on your motor insurance, then protect it with an excess protection policy, you may be eligible to reduce the costs of your motor insurance premium. But bear in mind that the higher the excess you choose to be liable for then the higher the cost of a claim will be before the claim will be dealt with.
Black Box Policies
When taking out an insurance policy consider taking out a policy which includes a black box as this can really contribute to keeping insurance quotes lower. A black box, also known as telematics device, uses a small device that’s installed in your vehicle and will track your driving performance. Black boxes tend to track breaking and acceleration, the higher the score, the “better” a driver you will be considered to be. Insurance companies who offer a black box policy normally provide discounts or rewards to drivers who prove themselves to be less of a hazard.
Date Created: 04/12/2016