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5 Steps To Cheap Car Insurance Premiums All major insurers insist on Thatcham rated security equipment, usually a minimum of an alarm. If you live in a high-risk area for car crime, it makes sense to fit extra security. It saves you money when your insurance renewal is due and gives you extra peace of mind. Step 3 - Annual Mileage If your annual mileage is 5,000 miles or less, ask insurer's if they offer discounts for agreed mileage restrictions. Step 4 - Named Drivers Adding a named driver to your policy can increase or reduce your premiums depending upon the named drivers age, sex and driving record. Adding a young driver will certainly increase your premiums, particularly with a limited or poor driving record. However, adding a driver over 30 years old with a long and clean driving record can cut premiums, particularly if the named driver is female! Step 5 - Shop Around The biggest car insurance savings come from shopping around. « Previous Page « » Discuss it » Continue Reading »
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