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Ten smart tips for buying cheaper car insurance

Find out how you can keep down the cost of car insurance

A man on the phone after being involved in a car crash

Running a car is a necessity for many families. How else do you get back from work and take Chloe to football in 30 minutes flat?

But with the average annual cost of comprehensive cover heading towards the £500 mark, more of us are looking for cheaper car insurance.

What's included in the cost of insurance?

Insurance companies take many factors into account when they work out how much your car insurance costs.

Some factors, like your age, driving experience, previous claims and convictions can't be changed.

Other costs, such as Insurance Premium Tax (which is set by the government), the rising cost of labour and car parts and the increasing expense of personal injury claims are outside your influence.

But, there are many other factors that affect the cost of car insurance so there are plenty of ways to reduce the price and get a cheaper quote. Just remember, it's important to fill in your quote form accurately or you could run into trouble when you come to claim.

Ten smart tips for buying cheaper car insurance

1. Reduce your mileage and business use

The further you drive and the more you use your car for business, the more expensive your premium. So reducing your mileage may reduce your insurance costs.

2. Increase your excess

The excess is the amount you pay towards the cost of repairs when you make a claim. The more you pay, the less your overall insurance costs. So if you can afford to pay out a lump sum on the odd occasion you have an accident, it could be cheaper in the long run than having a smaller excess but larger insurance premiums.

3. Pay your insurance in one go

Some insurers charge interest when you pay by monthly instalments. This means that over the year you'll pay more than if you paid your insurance all in one go.

4. Watch where you park

Where you live, whether you park overnight on the road or in a garage can all influence the cost of your insurance. Parking in a garage can improve security and therefore lowers the risk of your car being stolen. Just remember to reverse in carefully!

5. Improve your car's security

Many modern cars are fitted with alarms as standard. But if your car has few or no security features, it could be worth considering adding some to benefit from cheaper car insurance. Double check with your insurance provider to make sure you're adding security features that they approve. Otherwise you may find the change is classed as a modification and may actually increase the cost of your insurance.

6. Hang on to your no claim discount

Insurers offer a discount on the normal price of their insurance if you haven't made a claim from one year to the next. This discount increases each year that you don't claim and can become very valuable over time. With LV= you can protect your no claim discount after four years, so you don't lose the discount even if you need to make a claim.

7. Ditch additional drivers

Adding young or inexperienced drivers to your policy can ramp up your premiums. It may be cheaper to add additional drivers only for the short time they need the car, for example during university holidays, than for a whole year.

8. Telematics insurance

Telematics is a way for insurance companies to monitor your driving. It can be particularly useful for less experienced drivers who want cheaper car insurance. The cost of insurance is based on actual driving data rather than how many years of driving experience they have.

9. Clarify your job description

Believe it or not, the type of work you do and how you describe it can affect your car insurance. For example, if you're a head teacher, you could pay less for your car insurance than a dance teacher.

10. Choose your next car carefully

A large powerful car with many passenger seats will probably be more expensive to insure than a small less powerful car, as it tends to be more expensive to repair. Cars with automated emergency braking can also lower your premiums.

Buying LV= car insurance is quick and easy