If your insurance quotes are coming back especially high, there are steps you can take to try to reduce them.
Finance experts have revealed a simple way to make “huge savings” on an annual bill. This easy method could see you save us much as £605 on your car insurance.
Getting your can insured is a legal requirement in the UK. The police could give you a fixed penalty of £300 and six penalty points if you’re caught driving a vehicle you’re not insured to drive.
If the case goes to court you could also get an unlimited fine and disqualified from driving. Therefore, it’s important to remember to insure your car every year.
Unfortunately, it can be an expensive business, with some charged into the thousands for this protection. But if your insurance quotes are coming back especially high, there are steps you can take to try to reduce them.
One such step is recommended by Martin Lewis’ website Money Saving Expert (MSE). It advises trying its Compare+ Car Insurance online tool to bring your costs down.
This online system requires you to fill in some answers and then provides quotes as well as tips on how to get more money off. The MSE website explained: “It’s far more than just a comparison. You can make huge savings.”
One MSE reader, Clare, shared how she saved £605 by using the tool. She said: “Renewal price quoted was £1,295 but after following your Compare+ comparison site advice I got a suitable policy for £689 – a saving of £605.”
Another reader saved £300. Duncan said: “My 21-year-old son has recently passed his driving test and bought an old car. He was quoted £1,200.
“He managed to reduce the premium by nearly £300 by adding me as a named driver. I’m 58 with an unblemished licence, never claimed and driven clean for 41 years.”
To get the best quote possible, MSE advised people to:
- Fill in the questionnaire to compare
- Get MSE tips as you answer, such as the “best time to get insurance” analysis
- Benchmark your cheapest insurers via the comparison result – then try to beat it
- Visit other sites to slice down your costs further
For more information, visit the MSE online tool here.