Can I do anything else to help keep insurance costs down?
You might consider setting a higher voluntary excess, just remember if you do make a claim, you’ll have to pay both the compulsory and voluntary excess.
You may also want to invest in security-enhancing features, such as an immobiliser, steering lock or an approved alarm system. Providers will often take these into account and adjust your premiums accordingly, but it’s a good idea to check with them first before you fork out.
Similarly, you might benefit from a telematics or “black box” policy, where your driving data is shared with your insurance provider and safe driving is incentivised.
Reducing the mileage you do in your car could cut the cost of your premium – the less you’re on the road, the less of a risk you’re seen to be by your insurance provider. However, always be honest about the miles you do, as underestimating could invalidate your policy in the event you make a claim.