Vehicle Insurance Hacks You MUST Know About | Lifehack

Operating a car is expensive, basically it? On top of constantly filling up on fuel, having an total annual MOT and service, taxing the vehicle and those unexpected trips to the carport, you also have to fork out hundreds (and sometimes thousands) of pounds each year to make sure it.

Car insurance can be expensive, but it is also a necessity if you wish to drive a vehicle. Plus, it is unlawful to drive a car on the roads without at least 3rd party insurance.

If you don't insure your car you may be given a fixed penalty of? 300 and six penalty points and if the case would go to court you could get an endless fine or disqualified from driving.

But while you must have car insurance there are some tips which will bring the price down.

Before you renew or purchase your first plan, read on and save yourself some money to spend on petrol.

Share your car:

Putting someone else on your policy is one of the easiest ways to reduce costs. This could be a parent or guardian, brother, partner - and they may necessarily have to be older or more experienced.

Experiment by having different people to it and see how much it changes the cost - but bear in mind if they have said independent insurance, this is likely to put yours up rather than down.

You might also want to consider car leasing - while you never actually own your car, you do save on maintenance and MOT costs as well as the downright cost of the vehicle - and so the money you save can be put women insurance - with plenty leftover for gasoline.



Park on the street:

That's right, it could be cheaper to park on the street as compared to a driveway or garage.

Seems strange, doesn't it? You should think a car would be safer off the road, however it all comes down to claims history. In case your area has more claims concerning garaged cars, then street-parked vehicles will be less expensive.



Ignore comparison sites:

It seems natural to head straight for a comparison site to compare prices nonetheless they aren't quite as helpful as they first appear and not all insurance companies are listed to them.

These companies will still discover a way to lure you in and this is often by providing discounts. Therefore, do your own evaluation and check quotes against the competition.



Don't lay claim for minor accidents:

In the event your car has a tiny prang it is often cheaper to cover the work yourself than a claim on your insurance. This is due to as soon as you are seen as a risky driver - whether or not the incident was your fault or not - both the premium and excess will shoot up.

However, although you may avoid claim you should notify your insurer and let them know that you were involved in an accident. Failing to do so could see you denied insurance in the foreseeable future.



Avoid monthly payments:

Splitting obligations across 12 months may make it appear more affordable but it can actually add hundreds to your bill as well as a raise the interest rate.



Be precise about your job:

Insurance companies keep detailed records of past accident history for all professions, which means your job has a huge impact on the expense of your insurance.

Find out what your exact job title should be by using this 'job picker' tool. This email lists all the various titles for specific jobs and the difference in average quotes.

So, before you purchase the first insurance plan you come across, have a play around - it could save you hundreds!