How to Find Cheap Car Insurance

With car insurance rates increasing sharply in recent years, more and more people are looking for cheaper car insurance. However, we see many customers asking if cheaper car insurance will equal worse car insurance. We are here to tell you that it does not have to mean you will get less for your money and advise you on how to find the right provider, at the right price, for what you will need. 

Where to Start

When reassessing your car insurance rates, it is always best to have a look at the offers that are available. Some companies will offer discounts when switching to them or for taking out a policy for the first time with them. New customer offers are a great way to bring down the costs of your monthly payments. 

Completing a comparison search of insurance providers is often helpful as it will give you a list of companies that are willing to provide insurance. You can use the results of the comparison search to get the names of the companies and then begin your own research into what they offer and if the company is the right fit for your needs. We like price comparison as the first selection criteria as you can remove all companies that are not affordable to you immediately and focus your choice on the benefits and conditions of only the companies you would be able to afford to pay. 

You can then choose which other criteria you will use to narrow down your field of potential insurance companies. 

Top Tips

Driving safely and well, having a clean license, and having a good credit history will help to ensure that you receive the best possible price for your car insurance. All of these traits will show an insurance company that you are at a lower risk of the insurance provider needing to pay out on your behalf. This risk analysis is what insurance companies use to determine the price they are going to charge you, so the lower the risk you pose, the lower the payment amount. 

Taking out liability-only insurance will be cheaper but will have fewer benefits for you. If you are happy that liability insurance is all that you need, this is a way to save a considerable amount of money, with some providers charging less than half of the full cover price for liability insurance. We recommend you check the small print to ensure you are fully informed of all details of the policy before agreeing.

Taking a higher excess amount can bring down the cost of monthly insurance payments. However, there is a greater risk with this, as if you do need to make a claim on the insurance policy, you will have a larger initial payment to make to begin any work that needs to take place on the car. It is up to you to decide if the possibility of having to pay a higher excess, if you need to claim, is worth the guarantee of a lower payment each month.