smart car insurance

There are ways you can reduce the cost of your car insurance regardless of your age, location and driving history. These include:

Estimate your mileage accurately

If you drive more you'll be seen as higher risk of making a claim which will increase the cost of your insurance. Being accurate about how much you drive can help you avoid paying more than you need to. If you don't drive a lot, you might benefit from a pay as you go policy where you only pay for what you need.

Improve your car's security

Parking in a secure garage if you can could reduce the cost of your insurance compared to street parking, particularly on poorly lit roads. You could also reduce your cost by adding things like steering wheel locks, car trackers or immobilisers.

Build up your no-claims bonus (NCB)

Many insurers offer discounts for each year you're insured without making a claim. If you've already built up your NCB you may benefit from looking at policies that offer to protect your NCB by allowing you to make a certain number of no-fault claims without losing it. Note that this will often be something you need to pay extra to add to your policy.

Pay annually rather than monthly

Choosing to pay annually is cheaper than paying monthly. This is due to the interest that insurers add to your price when you arrange monthly insurance.

Add a named driver

Particularly if you're a young driver. Having a named driver with a good driving history on your policy can reduce the cost of your policy.

Increase your voluntary excess

Typically, the higher you set your excess, the lower your premium will be - although make sure you set it to a level you can afford to pay in event of a claim.

Shop around and compare quotes

We've found that the best time to buy your policy is around 18 days before your renewal date². Compare prices early to make sure you're getting the best deal for your cover.

²Based on Confused.com data January - March 2024.