A safe driver is less likely to be
involved in accidents that might jeopardise their no-claims bonus –
and a no-claims bonus of five- to ten- years can represent almost 70
per cent off your premium with companies like Ensure and
Cooperative. If you’re a born boy-racer, you might even think about
insuring your no-claims bonus so that you don’t lose it in the event
of an accident.
Owners of ‘safer’ cars are likely to
be charged a lower premium on their car insurance. If you decide to
change your car, you should check with your insurer that the new
model won’t be significantly more expensive to insure. To make your
existing car safer, consider fitting an approved alarm, immobiliser
or tracking devise. This can represent a discount of between 5% and
10% depending on your insurer. Lastly, think carefully about your
parking options. Cars which are parked in garages are on driveways
are far cheaper to insure than those which are kept on the roadside.
See if you can negotiate off-street parking, or clear the junk out
of your garage and keep your car in there.
It’s a simple calculation – the more
time you spend on the road, the more likely you are to have an
accident. Some car insurance companies will offer you the option of
restricting your mileage in order to save money on your premium.
Others, even offer a ‘pay-as-you-drive’
car insurance scheme aimed at
younger and low-use drivers.