Well, the good news is there’s a number of things you can do.
Consider the type of car you have and its value
The car you have and how much it costs can affect your insurance. If your first car is new, high powered or a luxury model, you’re likely to have a high premium. While a standard model with a smaller engine might not be quite what you want, it could save you money on your car insurance.
Add extra security
Insurance providers love any extra security measures you take to protect your car. Fitting an immobiliser, for example, could help to bring down your premium as you’re reducing the risk of your car being stolen and a claim being made.
Avoid unnecessary modifications
While you think that a new stereo system or a spoiler is a must-have, your insurance provider won’t. Insurance providers may refuse to insure a car with modifications; those that will might charge a significantly higher premium. Make sure you weigh up whether those additions are worth it.
Restrict how much you drive
Limiting the amount of time you’re on the road obviously reduces your risk of having an accident, and could reduce your premium. Most insurance providers will ask you for a mileage limit, so set this as low as you think you can comfortably achieve – just make sure you tell the truth to avoid an invalidated policy.
Good driving can lead to cheaper car insurance. Speeding or incurring points on your licence can mean your premiums increase. If you do get penalty points, it’s important you tell your insurance provider as they could affect your premium.
It’s a good idea to pay for your insurance in one go – if you can afford to! Paying monthly can cost more because interest might be charged on the instalments.