Tips for reducing your premium

• Shop around: choose the best company for you, e.g those specialising in younger drivers.
• Use the internet: internet companies have low overheads and pass these savings on to you.
• Anti-theft: fitting an approved car alarm or immobiliser to your car can significantly reduce premiums.
• Multi-car discount: insuring all your cars with the same company may entitle you to a discount.
• Other types of insurance: some insurers offer disounts if you take out other kinds of insurance with them as well, for instance taking out car and home insurance.
• New car: when buying a new car check which insurance group it is in, as this can vary greatly between similar vehicles.
• Old car: if you have an old car and it is in an accident the most you will get from your insurance is the market price of the vehicle, which may in this case be very low. In this situation it is probably not worth paying the extra for comprehensive cover.
• Voluntary excess: choosing the highest voluntary excess (if offered) can drastically reduce your premium.
• Advanced driving: some insurers offer discounts if you have taken an advance driving course, since you are deemed to be a safer driver. Visit the Institute of Advanced Motorists at http://www.iam.org.uk for more information.
• Young drivers: if there are young drivers in your household then insure them for the oldest and cheapest of your available cars.
• Modifications: can lead to increased premiums. It is worth checking with your insurers before making any modifications.
• No claims: be careful not to lose your no claims discount. For minor bumps and scrapes it is probably not worth claiming and losing all or part of your no claims discount. Insurance is intended to protect you in the case of large accidents.
• Garage: use it to reduce premiums.
• Older driver: look for an insurance company has policies designed for you.
• Imported cars: are often expensive to repair since parts are hard to obtain. For most insurance companies this will increase your premiums. There are some, however, who cater for imported cars. See "Specialist Insurance" in our directory.
• Low mileage discount: if you do not use your car often you may be entitled to a low mileage discount.