Car insurance savings tips

Fri, 25 Jul 2008

People can cut the cost of running a vehicle without swapping it for a different model by shopping around for their car insurance, one expert has claimed.

Writing for the Daily Telegraph, Niki Chesworth explains that people can take a number of steps to save money on their car insurance.

She said: "The difference between the best buy comprehensive motor premium and the average is £222.50 according to AA Insurance. So it pays to shop around."

People can make further car insurance savings by reducing the number of drivers named on a policy.

Having younger drivers on a car insurance policy will increase it dramatically, she points out.

Yesterday, MoneyExpert.com informed people that they could save on their car insurance by paying in one lump sum, rather than by direct debit .

According to the financial website, spreading payments can lead to an increase of up to 37 per cent in a car insurance premium .
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