How to lower your car insurance premiums?

When your car insurance provider calculates your car insurance premium, they take into consideration a number of factors to ascertain the risk you pose to them financially.  

Crudely speaking these are determined by things like your age, based on the theory that the younger and therefore less experienced you are the more likely you are prone to an accident, the type of car, which will reflect the cost to repair the vehicle, and your previous experience as a driver, i.e. the number of years you have been driving and the number of claims you have made.

The majority of these factors are considered to be beyond the reasonable control of the driver, nevertheless there are still a number of things you can do to lower your premiums. Car Insurance Express is committed to finding you the cheapest policies online.  Lower your premiums even further by following the following top tips:

Driving Competence : Naturally, the safer the driver you prove to be, the less likely you are to be involved in an accident, and therefore to make a claim.  

This can be demonstrated primarily by the amount of experience you have driving, and therein the length of time you have been driving without making a claim. If you have prior driving convictions for speeding and drink driving, then you will be liable to pay higher premiums as you are deemed a greater liability on the road.

If you are novice driver, this more difficult to demonstrate.  There are, however, a number of recognized driving institutes you can join which can help you to negotiate discounts on your insurance premiums if you are a member and pass their tests. Recommended organisations are The Royal Society for the Prevention of Accidents and  The Institute of Advanced Motorists.

Increase your excess : If you're willing to pay a higher excess, then your insurer may be willing to lower the premium (price) of your insurance policy.  The excess is the amount you have to pay before your insurer will contribute towards the rest of the cost of insurance claim, i.e. if your excess is £50 and you to claim for £450 to cover accidental damage, then you would have to pay the first £50 of this claim, before your insurer pays the outstanding £400 for the repairs. By agreeing to a higher excess, the insurer will reflect the fact that they will have less to pay out in the event of a claim, and, in return, may lower your premium of your policy.

Drive Less : This may not be possible, but if you are not a regular driver, then many insurance providers provide lower premiums for drivers with low annual mileage count.  A low-mileage discount is based on the proviso that you do not exceed a determined number of miles per year.

No Claims Bonus : The longer you have driven without a claim, the greater the discount you can claim on your premium.  A no-claims bonus is given to motorists who do not make a claim on their insurance policy for one year.  Most providers offer a reduction of about 25% on the previous year's insurance premium for a no claim, and this can rise to as much as 65% on the original premium following several years of no claims.  The 'no claims bonus'  reflects that you are a safe driver, if you are required to make a claim on your insurance policy during the year, then you will lose part of your 'no claims bonus.'

Consolidate your policies : If you own more than one vehicle, then you can help to lower your premiums by using the same company to insure each car.  Likewise, if you have any other types of insurance policy, such as travel of home insurance, then you should use the same company.  By choosing the same provider for all your policies, you may benefit from a discount or better deal as you will be considered as a more valued customer.