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Oct 05

How I saved myself £145 on my car insurance in 20 minutes

Reading Time: 6 mins

That’s right I saved £145 on my car insurance…and it only took 20 minutes!

Admittedly, as I write this, I am STILL on hold with my old insurers as I wait for them to answer and take my cancellation.

But the actual process, using our car insurance comparison, took me no more than 20 minutes.

It’s SUCH a good way to make money (OK, I’m saving it but if you think of £145 in 20 minutes that equates to a tax-free earning of £435 per hour!!).

It started with my old insurers informing me by letter that my new car insurance premium would be £344. “No way” I thought, as I am used to rejecting all insurance premiums from existing insurers. They always up the price for renewals, assuming, rightly, that at least half of their customers will just accept it.

my car insurance

I went onto our car insurance comparison, answered the questions (that’s always a bit annoying but not difficult) and it gave me a list of much cheaper quotes, starting at £183. I clicked on that one, added on basic breakdown cover to the original quote and it came to £199.

So, having put my debit card details in (credit card would have added another 2% to the bill), I have now sorted my car insurance for the next year and saved myself £££s in the process.

So, how can you do it too?

We have a few ideas for you on the site – for example, if you’re a young driver facing horrendous charges…just because your young…check out our article on cheaper car insurance for young drivers. There are things you can do.

Then we also have a very popular article that helps people get insurance if they have been banned from driving in the past (not an easy task!). There’s also a piece on how to get temporary car insurance here.

But if you’re going for the usual annual policy and you really want to pay less this time thank you very much, follow these easy steps…



my car insurance

With insurance, cheapest is not always the best.

There are three basic types of motor insurance:

  • Third party fire and theft (TPFT): This covers you if claims are made against you for damage or injury to other cars or people. It also covers you if your car is damaged (or you are injured) by fire – or if your car is stolen.
  • Fully Comprehensive: This is the same as TPFT and then some. This covers any medical expenses, personal belongings and personal accident cover.
  • Third party only: This only covers any claims made against you by other people.

The type of insurance you go for will depend on how flush you are feeling, what state your car is in, and how nervous you feel about paying if you do have a bump.

Third Party is not always cheaper than Fully Comprehensive. This is most often the case for the young and male. The insurance companies make the assumption, no doubt backed up by statistics, that customers who don’t value their cars will be more reckless and therefore more likely to crash into something expensive. Do a comparison check before choosing third party to make sure you are not paying more for less.

Whatever type you go for, though, make sure you don’t pay any more than you need for it.

Before you sign the dotted line:

  • Read the policy carefully to make sure you have cover for all eventualities (they will give you a list of the main points on the site).
  • Look at the excesses and exclusions carefully. A cheaper policy could be hiding a high excess and limited cover which might not be what you want.
  • Also, some insurers no longer include ‘Driving Others Cars’ as standard, while others don’t include a courtesy car. Think about whether either of those would be useful and go for something a bit pricier if you need them.
  • And if you regularly drive abroad, check the European cover limit. Some car insurance polices include this cover as standard, others may charge you extra for it.



Man searching for car insurance on laptop

Shop around on the net and save yourself a load of cash. Our car insurance comparison site powered by our friends at Quotezone will get you a good cheap deal – we know, we’ve tried it.

But don’t just try that; weigh up sites like comparethemarket.com or Gocompare as well. In fact, comparethemarket.com has done some great research into the ‘cheapest’ and ‘average’ motor premiums, which you can read here.

  • Aviva aren’t included on the comparison websites – but they are definitely worth checking out if you’ve got at least four years no claims discount on your existing policy. As well as the four year no claims, if you’re a new customer and you register with them online, you can qualify for 15 weeks’ car insurance absolutely free!
  • Tesco claim that Clubcard holders could save up to 30% online with Tesco Car Insurance.

Remember, you’re likely to get the best rates if you apply online. Internet sales have fewer overheads so companies can pass on savings to the buyers.



Someone checking fluid levels in their car engine

There are some things you can do before and after choosing your policy to keep the costs down annually.

Keep a safe driving track record

You can often get a discount on your premium if you take advanced driving qualifications. You will genuinely be safer on the roads too.

See here how you can get cheaper car insurance just by improving your driving skills.

Buy smaller, greener, cheaper

The size, age, value and make of a car are all important factors that could cut your insurance rates.

For example, having heat-resistant doors on your car could lower your premiums.  Investing in a cheaper and smaller car initially can also help bring costs down. Choose cars that run on electricity and gas and save some money and the environment at the same time.

Pay in full

Instead of monthly premiums, pay your premiums six-monthly or annually to avoid paying high rates of interest.

Keep good credit records

Protect your credit rating – your insurance cost could depend on it. Essentially, the cleaner your record, the less insurance you’ll have to pay.

Get TOTALLY FREE access to your credit report with CreditExpert here for thirty days.

Ensure good maintenance and planning

Be aware of road rules and drive carefully to avoid accidents. Be mindful of where you park the car and don’t keep your valuables in the car to avoid potential damage and theft.

And security measures – such as installing approved alarms – may lower the insurance premiums.

Pay higher ‘deductibles’

By requesting higher deductibles (the amount you are willing to cover yourself in the event of an accident) in your insurance policy, you can really decrease your monthly costs.

Be particular about your personal details

Insurance companies offer varying car insurance rates depending on age, or professional status.

Statistically, women are proven to be safer drivers than men. So for a family car, consider having the wife’s name on the policy instead of the husband’s. Even though it’s not supposed to count now because of a European ruling, it often does (quietly!).

Similarly, younger drivers are known to be more reckless, so arrange to buy a policy after your birthday to add that extra year on.

In fact, certain professional fields bring with them higher premiums than others, so be careful how you describe your work. If you do different things, pick the least ‘racy’ one.

And remember, too, that students can often get discounts – so don’t forget to mention if you are one.

Seriously, it’s so straightforward you MUST do it next time you get a renewal reminder from your car insurance company.


Tell me in the comments below if you save/make more than I did. I bet you can!



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Mr Arnold Rogers
Mr Arnold Rogers
3 years ago

I have just renewed with the same car insurance company. I have been with them for about 5 years. Every time I look to renew with a different company, including going on compare sites, and ringing direct. I have found it makes no difference. My insurance goes up every year, no matter what I do.

3 years ago

Great article on car insurance.

Arnold Rogers
Arnold Rogers
5 years ago

At the moment I will pay an extra £90 on my car insurance because of the increase. Not what you said Jasmine.

7 years ago

I have been trying to sort out what I think is a scam for my 83 year old brother-in-law and would like to know if you know anything about it. It involves Money Saving Expert – a lady called Kelly Wilson rang him and, basically, said a cheque for pension tax rebate of £4,681 would be delivered to him if he buys a UKASH voucher for £100. Any ideas?

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