Owning a car can be expensive. There’s no point denying that there are always going to be costs associated with your car that you can’t avoid, such as repairs and gas bills. However, there are some things you can do to reduce the costs of some aspects of paying for your car. An example here is car insurance: getting good value on your car insurance depends on a number of factors and you can’t control them all, but there are quite a few things you can do to either minimize or reduce your motor insurance costs. Read on to find out about five of them.
Consider car security
One of the big factors that have an impact on whether you’re able to get cheap car insurance is the security of your car. Generally speaking, the more secure your car is, the less you’ll have to pay for your insurance because it won’t seem like such a risk to your insurer. This means that any security additions to you can make to your car will definitely be worth your while and the investment you make in your car’s security should pay for itself over time through what you save on insurance.
Things such as good wheel locks, steering locks, alarms and immobilizers can all make a difference, so tell your insurer if you have them as it might help to lower your car insurance quote.
Consider parking habits
Where you park your car can also affect how much you pay. As a general rule, if you park your car in a garage or at least on your drive on a regular basis, it should save you more on your insurance than if you park your car on a road. This is because cars are more at risk when parked on the road as opposed to if they’re secured on your own property. The cost impact of this is likely to depend on the area you live in as well as your parking habits, but it’s definitely worth taking into account.
Consider driving habits
Changing the way you drive can also help to reduce your car insurance costs. If there is any way you can drive less, this will more than likely be a bonus for your insurance quotes. Of course, it can often be hard to cut down on the amount you drive, especially if you need to travel long distances on a regular basis, but if you can drive less it’s definitely worth it. You’ll pay less in fuel costs as well as insurance if you do.
Change your deductible
Another tactic is to raise your deductible per incident. For instance, if you raise yours from $250 to $500 per incident, this should have a marked effect on your car insurance quotes. This is largely because it reduces the risk of giving you cover in the eyes of the insurer, as having a higher deductible reduces the chances of you claiming on your policy.
Shop around regularly
Finally, it’s always worth shopping around to get the best cheap car insurance deals. Even if you are satisfied with the service from your current insurer, it’s always a good idea to do a price comparison once a year to check you’re still getting a good deal.
This is a guest post