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3. Improve security and get cheaper car insurance

Where you live could affect your premium - car insurance companies take into account the statistical risk factors of postcode areas. However, you don't have to do something as drastic as to move house to reduce your insured risks. The first thing to look at is your car's security systems. Fitting extra security to your vehicle could lower your car insurance premium. Does your car have an approved alarm system? Thatcham-approved alarms are recognised by all car insurers and most will discount your premium if you have these fitted. 

 

If you keep your car in a garage, inform your insurance company. Your car is less likely to be stolen, vandalised, or struck by other vehicles, locked up in a garage (or parked on a drive) than if it is left on the street. Many car insurance companies acknowledge this reduced risk and would lower your premium accordingly. 


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