It’s one of the most boring parts of running a car, but it’s also one of the most important: renewing your car insurance.
Update your details
- Update your address. If you move house, make sure to update your address with the DVLA and notify any other companies that might need to know (e.g., car insurance provider).
- Update your phone number. Similarly, if you change numbers or move abroad, let them know so they can contact you in an emergency.
- Update your driving licence details. Make sure that everything on your driving licence is correct; this includes name, date of birth and photo ID information. You should also double-check that there aren’t any endorsements on it as these will affect how much a car insurer quotes you for cover
When you’re shopping for car insurance, there are several ways to save money.
- Use comparison sites such as insurethebox.com or moneysupermarket.com
- Ask your broker if they can find a better deal for you than the one offered by the insurer that sells your policy
- Get quotes from direct insurers (you can do this by phone or online)
If you’re paying monthly, consider switching to annual payments. The average car insurance payment is $1,067 per year, but that can be reduced by up to 8% if you make your monthly payments instead of the traditional 12-month plan. Since some insurers offer discounts for paying annually and others do not, it’s important to check with your provider before making any changes in order to avoid losing out on potential savings.
If it’s time for renewal and you’re still on a monthly payment plan because that’s what was offered when you first signed up—don’t worry! You can still change over at any point during the year (and reap those benefits), but keep in mind that doing so will mean paying out more than necessary for six months’ worth of coverage upfront (that is unless there are other benefits attached).
Increase your excess
An excess is the amount of money that you pay towards a claim before your insurance starts to cover any costs.
You should be careful to increase your excess only when it’s necessary and affordable. If you have a high risk of making claims, or if your policy has been in place for over three years, increasing your excess could help to reduce the cost of future premiums by reducing the chance of having to make future claims on your policy. You can also save money by increasing your excess in conjunction with other steps such as finding cheaper car insurance quotes or switching providers – or both!
It’s important to know what you’re getting into when it comes to your car insurance. If you don’t take action, you could be paying more than you need to.
If you don’t auto-renew on your policy and instead let the policy expire, then there are some great benefits that come with that choice. One of those benefits is price. You can save money by not auto-renewing with your current insurer and shopping around for a better rate elsewhere. This is because most insurance companies will offer discounts if their customers don’t auto-renew or use other methods through which they keep them as customers (such as referring friends).
And while this might seem like an easy decision after reading all these tips, we understand that sometimes life gets busy and finding time can be difficult sometimes; however, keeping up on these tasks can help save money in the long run!
Consider a dashcam
The best way to protect yourself from insurance fraud is to have a camera that records what happens when you’re driving. If you do get into an accident, the footage can help prove your innocence in court and prevent fraudsters from getting away with a false insurance claim.
Dashcams are surprisingly affordable these days, ranging in price from $50 on up to several hundred dollars depending on their features and capabilities. They clip or mount onto your windshield and record video as long as they have power—typically 12 or 24 hours at a time (some models even let you start recording remotely).
The most important thing when shopping for a dashcam is finding one that offers high resolution (1080p) and wide field of view (170 degrees). You’ll also want one that supports night vision so it can capture any details during nighttime driving. The most common detectors are built-in cameras with parking mode capability so they stay on when parked; however, some models come with separate hardwired systems like the Cobra DVR900S-HD model we recommend here at Wirecutter for its two-way audio feature which allows drivers to speak through their vehicle’s radio speakers instead of having everyone hear them clearly over an intercom system like other models tend toward doing poorly due to distortion caused by built-in microphones found sometimes within this sort of device itself being placed too closely together resulting eventually in lower quality sound throughout entire duration runtime compared versus using separate external microphone hooked up via adapter cable connected directly through headphone jack port located right next door where most people would place their phone anyways so no need worrying about purchasing extra hardware unless absolutely necessary which wouldn’t make sense anyway because if something breaks then chances are good
Taking this advice will save you hundreds of pounds on car insurance.
If you’re looking for a new car insurance provider, the best thing to do is to compare quotes from different providers. This will help you find the cheapest car insurance in the UK and save yourself hundreds of pounds.
To get started, think about how much money you want to spend on your insurance each month and what level of cover you would like: third party only (TPL), third party fire and theft (TPFT), comprehensive or fully comp. You can then search using price comparison tools such as MoneySupermarket and Confused.co.uk which allow users to compare car insurance quotes from more than 80 providers at once.
Overall, we hope the tips in this article have helped you to save money on your car insurance. Remember that it’s always best to shop around for quotes, as there are plenty of different options out there. With any luck, we’ll see you around soon!