6 tips for keeping your premiums down

With the increased cost of living, everyone is looking to make small changes in their lives to save money. Insurance premiums can take a big chunk from your wage check if you’re not careful. Especially for newer and younger drivers. The best way to keep your insurance premiums down is to try your best to keep your driving record good (no points on your license, driving safely to prevent accidents, etc.). However, even if we do everything right, premiums can still be quite high. Here are some ways that you can keep your insurance premiums down.

1. Shop around

Don’t settle for the first quote you’re given, shop around. Prices will vary from company to company so the best course of action you can take is to get quotes from a variety of different companies.

2. Check the insurance cost before you buy a car

The last thing you want to do is spend all your savings on a car, just to realize later that you can’t afford the insurance. When you go to buy a car, use a comparison site to check how much the insurance will be.

3. Pay annually

It can be tempting to pay your insurance monthly, but it will work out cheaper, in the long run, to pay annually. So if you can, opt for an annual payment.

4. Avoid auto-renewal

If you let your car insurance roll over each year, you could end up paying a lot more. Instead wait for your quote to come through, call up your provider and see if you can get it cheaper. Use comparison sites too to see if you could get it cheaper by using another company.

5. Use an accident management company

If you’ve been in an accident that wasn’t your fault, use an accident management company to claim compensation instead of your insurer. While you may have to inform your insurance company of the accident, you do not have to use them to claim compensation. Using an accident management company Manchester instead of your insurer means you do not have to claim on your insurance policy. Therefore, you don’t have to pay your excess before your vehicle is repaired and your no-claims discount should not be affected.

6. Use your no-claims bonus

Make sure you tell your new insurer about your no-claims bonus otherwise your premiums will probably be higher. It is worth considering paying an extra premium to protect your no-claims bonus (if you qualify for five years or more of a no-claims bonus).

Accident Management Company Manchester

We are an accident management company that specialize in making car accident management better for anyone who’s been in an accident that wasn’t their fault. Your insurance premium can increase dramatically if you lose your no-claims bonus. With Claim Link UK, you can avoid making an insurance claim and keep your future costs down.

Other services include:

• Accident replacement vehicles
• Free accident assistance
• Cheap breakdown cover