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How to Save on Your Next Car Insurance Quote

That time of year where you need to renew your car insurance rolls around all too quickly. However, it doesn’t have to be the dreaded task you might have already painted it out to be. If you apply the right hacks, you may be able to save yourself some money.

The importance of being truthful

To avoid receiving penalties, you need to be completely truthful when filling out your quote form as it could mean any future insurance claims can be outright rejected if they find any inaccurate information. It is also worth remembering that even if an accident wasn’t your fault, claims can still be made. Being truthful both initially with your insurance company and in an accident is important – otherwise your penalties will take their toll when it comes to renewing your insurance too.

Insurance claims fraud has been rife in the UK, with people thinking they can save money unlawfully by providing inaccurate information. Make sure you don’t fall into this category!

Factors affecting insurance quotes:

Like most things, multiple factors come into play when getting a quote for car insurance. This includes. These are just a few examples of the factors that can dictate your final car insurance quote.

  • Your age
  • Your occupation
  • Where you live
  • Whether you have on-street or off-street parking
  • How many miles you drive each year (annual mileage)
  • The make and model of your car
  • The amount of voluntary access you’re willing to pay
  • The type of cover you want (and the extent of protection provided)

By knowing this information, it may help you make certain choices in the future to help reduce your annual car insurance costs. It all comes down to how much your insurance provider thinks you are likely to claim.

When the time comes, you might look for a property with off-road parking for example or you might consider locating near your workplace so that you’re less dependent on your car, therefore reducing overall wear and tear, as well as the risk of an accident.

During the height of lockdown, studies found that car insurance prices dropped significantly due to the reduced mileage being racked up by drivers. This is a good example that showcases how certain factors can make a big difference on the final quote, however this is something that some people have more control over than others.

There are some habits you can try to control, however. Driving habits, such as the number of points you have on your license other convictions can be key to this. Previous insurance claims also come into play, although sometimes these instances are unfortunately out of your control if the accident isn’t your fault. Either way, knowing the factors that influence your insurance premiums can be very useful.