Car insurance can be expensive. And in some cases, you might decide that the premium is too prohibitive to justify. But there are ways to cut down on your monthly expenditure that could save you hundreds a year without sacrificing cover.
Here we reveal ten ways for safe drivers to get cheaper car insurance – plus the top hot hatch cars to drive if you manage to find a bargain.
1. Get a quote for additional drivers
Even if your teen is an ace driver, only allow them to use your car under supervision at first. If they’re caught behind the wheel unsupervised, even once, it could mean cancellation of your insurance. And as they’ll be putting more cars at risk, they could attract a higher premium too.
If you have children old enough to learn to drive, or friends who would love to spend some time on the road with you, consider adding them as additional drivers. It’s usually possible to knock a third off your premium by adding additional drivers.
2. Choose your car carefully
Your car type and age can influence how much you pay for car insurance. Research published by the AA shows that cars built between 2000 and 2005 are involved in more accidents than those built before or after that period, so you could find yourself paying a higher premium as a result.
3. Add security devices
Adding an alarm and immobiliser to your car can enhance its safety rating. This, in turn, is likely to push your premium down as you’ll be found less of a ‘risk’. If they’re fitted as standard, such as with some Skodas for example, insurers are more forgiving if the items need replacing.
4. Drive carefully
The safer your driving, the cheaper your car insurance will be. For instance, if you hold a clean license or recently passed your test, some insurers offer reductions of 30 percent on their best rates. While there’s no specific hot hatch police chasing uninsured motorists, it is more likely that an experienced driver will hold onto his or her no claims bonus. This can make a huge difference to your premium when you need to renew.
5. Make sure the car is fitted with all safety equipment
Before you buy, look for cars that come fitted with airbags and anti-lock brakes (ABS) as standard. While not a legal requirement, ‘safety’ cars are likely to deter thieves and therefore receive better theft protection. There’s also a greater chance of your insurance company footing the bill if you need to claim for repairs following an accident that wasn’t your fault.
6. Be careful what you drive
When choosing a car, bear in mind how it will affect your car insurance premium. If you choose a car with a high theft rate, such as the Citroen C4 and Vauxhall Astra, you will pay more for cover.
7. Insure against all risks
Make sure that your insurer covers all possible perils when you’re taking out a policy. For instance, if you’re buying a car that’s more likely to be vandalized, insuring against fire and theft may not be enough. You should also check for cover against damage caused by water or the weather.
8. Shop around
Don’t assume your existing insurer will offer the best deals on your car insurance. Compare prices with a number of companies to ensure you’re getting the best deal.
9. Pay monthly if you can afford it
Paying for your car insurance by monthly installments rather than in one lump sum usually works out cheaper, particularly if you pay off the annual or six-monthly option early. There are also some providers that offer discounts if you pay your car insurance premiums annually.
10. Ask about extras
Check what other benefits are available with different insurers. These can include legal cover, breakdown assistance, and personal accident cover – all of which could make a big difference should the worst happen. If something does go wrong, it’s worth finding out whether you can contact your insurer by telephone or online rather than having to visit a branch.
What are the benefits of hot hatch car insurance?
There are many benefits of hot hatch car insurance. Some include having another driver on your policy, choosing a security device to add to your car, driving carefully, making sure all safety equipment is installed in your car, considering how your choice in cars influences premiums, and shopping around for the best deals.
What is the benefit of driving carefully?
Driving safely can reduce your car insurance premium. This means that speeding fines and parking tickets will hit you harder than they would if you had obeyed the local speed limits. Be aware of speed cameras and keep to the speed limit as much as possible.
What is the benefit of choosing a security device to add to my car?
The more visible security a car has, such as a steering lock or alarm, the less likely it will be stolen. Some insurers reward cars fitted with these devices by slashing premiums or offering extra benefits, such as courtesy cars or breakdown assistance, to keep costs down.
What is the benefit of having another driver on my policy?
Another driver can often reduce your insurance premium. They may also be able to drive other cars you own free of charge in some circumstances. Sharing a car between family members or housemates can help keep costs down too, so consider who you would like to drive your car before you buy.
To Wind Things Up
I hope you’ve enjoyed this blog post and found the information to be helpful. However, we know that not everyone can afford a brand new car or has an interest in buying one anytime soon. If you’re looking for some more affordable options when it comes to automotive insurance, check out our hot hatch car insurance page on HotHatchInsuranceQuotes.com today! It will help you get started with finding the right coverage at an affordable price point (and if nothing else give us your thoughts on whether these benefits are really worth it).