There’s a number of things you can do to help lower the cost of women’s car insurance.
Consider a higher voluntary excess
If you increase your voluntary excess it might result in a cheaper monthly premium. On the other hand, however, it could cost you more if you make a claim as you’ll have to pay your chosen voluntary excess on top of the compulsory excess set by your insurance provider – so make sure you can afford the total before you buy.
Reduce your mileage
Limiting the amount of miles you drive could reduce your risk of having an accident and therefore lower the cost of your car insurance. Your insurance provider will ask for a maximum mileage, so set this as low as you can. But be realistic – if you significantly underestimate your mileage and then make a claim, your policy could be invalid.
Improve your car’s security
Fitting an approved immobiliser may deter potential car thieves and possibly reduce your car insurance. Before you go ahead, check that the one-off cost of these products doesn’t outweigh any potential saving. And bear in mind that you may need to speak directly with your insurance provider to get these savings.
Think about black box insurance
Black box insurance (sometimes called telematics insurance) could be a good idea for women as they’re often considered to be safer drivers. A small device is installed in your car, or you download an app to your phone, which tells your insurance provider how you’re driving. If you drive safely, not too often and at less busy times of the day, you could be rewarded with cheaper monthly premiums.
Pay for your insurance in one go, if possible. Although paying on a monthly basis is convenient and splits the payment into smaller amounts, you could end up paying more as interest might be charged on the instalments. Our quote page allows you to calculate the difference between the two payment options to help you decide which is right for you.