If you want to get a cheap car insurance quote then you should not be loyal to your current provider and not renew your policy with them again. In most cases this year motor insurance premiums have gone up by as much as 30%, which is a considerable rise. So it is now more important than ever to try and obtain a low cost motor insurance premium.
Being loyal to your current insurer will not save you any money, and I know sometimes it seems easier to just renew the policy again for another year if it has only gone up by £50. But that £50 could be better off in your pocket rather than the insurers. If will not take long to compare a few quotes based on your current level of cover, all you need to do is compare a couple and you should see an improved saving. In the majority of cases motorists will be able to establish a cheaper priced premium and save some money.
There are some other ways that can help you in your task for cheap premiums; try and implement a couple of these when getting a quotation. You never know, you could get even more savings.
Are you a careful driver? If you have a clean driving record with no penalty points in the last 3 years then you should get a lower quotation. Insurers like careful drivers, as careful drivers tend not to make insurance claims.
You can volunteer to pay more in excess contributions if you want. This will reduce the cost of the policy. If you agree to pay a higher contribution on excess, you’ll end up reducing your quotation by as much as 25% in some cases. The only downside to this is that you’ll have to pay this agreed amount when you make a claim.
Your no claims bonus amount will go along way to obtaining a cheaper car insurance premium. The longer your no claims bonus the bigger the no claims discount. Insurers use this as one of the main factors for calculating your premium. Drivers with healthy no claims will always get cheaper premiums.