A top motoring expert has taken to YouTube to share three tips that can help drivers save hundreds, if not thousands, on their car insurance bills. Whilst the average cost of car insurance is steadily falling across the UK, the premium is still one of the most expensive charges drivers face in order to stay on the roads.
To help lower the cost, the YouTuber ABAUTO posted a video in which he recommends that drivers always avoid leaving it until the last minute before renewing their policy. He said: “If you set your insurance start date to over 20 days in the future, it’s going to give you a lower premium. Even better, set it to start on a Sunday, and it’ll be even cheaper still.
“This one might surprise you, but there’s a good reason why it happens. If you go to insure your car and have the start date as the next day, this will tell all the insurance providers that you’re desperate and you need that coverage immediately. So, naturally, they can up the price because they know you haven’t got as much time to shop around.”
Paying for a policy early is one of the most effective ways of reducing car insurance costs, proving to providers that the motorist is organised when making financial decisions.
It is generally advised that drivers begin searching for car insurance around a month before their current policy expires, buying it around 23 days in advance.
Showing the trick to viewers, ABAUTO was able to reduce the cheapest premium available to him from £895.40 to £764.54 in a couple of clicks. Nevertheless, drivers should never set their insurance cover to start days after their current policy expires, which could result in fines.
Later in the video, ABAUTO suggested that drivers looking to save on their insurance costs add a named driver with plenty of experience behind the wheel, even if they are not a family member.
He added: “What you need to do is find someone who has a lot of experience driving and add them as a named driver to your policy. It could be your mum, dad, uncle, or someone that isn’t in your family.
“What makes it legit is if that person could genuinely need to drive your car from time to time. Don’t miss out on this one, even if you’re an experienced driver, try adding someone to your policy and you might be surprised at how much they reduce your premium.”
Finally, ABAUTO urged motorists to take care when choosing their job title, with some roles listed on insurance sites being just as accurate yet significantly cheaper.
He continued: “Another one that might surprise you is the huge effect your job title can have on the cost of your car insurance. Of course, you have to be honest and legally put your actual job, but the way you describe your job title can have a huge impact on the cost.
“If you own a plumbing business, rather than writing ‘plumber’, you could write ‘company director’, which may come up in the system as having a lower risk.”
