New Car New Insurance

The launch of the '07' car registrations is drawing near and over 400,000 drivers are preparing themselves or life with their new dream machine. Yet although many motorists spend many happy months deciding on the make and model of their new dream car, few spend any time at all searching around to find a competitive car insurance premium that will keep their costs down.

Drivers intending on buying a car this Spring are urged to take their time to search the car insurance market and drive a hard bargain to find a good deal on their car insurance. UK motorists who simply renew with their existing insurer or take up the first quote they are given are likely to be wasting hundreds of pounds. Each year the factors that affect your car insurance - age, address, type of car and occupation - are likely to change and therefore so is the insurer that is capable of offering you the best product for the best price.

Simple rules to save on car insurance

Search the market for a competitive premium, a relevant (not just cheap) policy that covers you for the things that matter to you and be sure to compare policies on a like for like basis. This latter part is often overlooked. Consider the excesses and exclusions carefully. A cheaper policy may be hiding a high excess and limited cover. Link to car insurance

Respect the rules of the road. Drive carefully, avoid claims and convictions and you will build up your no-claims bonus. In return, insurers will reward you with lower premiums.

If you have access to a garage, make the effort to use it rather than parking your car on the roadside. Alarms and immobilisers will act as a deterrent to thieves. Always remove detachable stereos and valuable items from the vehicle.

Pay your premium in full each year if you can afford to. This way you will avoid the high APRs that many insurers charge for monthly instalments.

Inform your insurer if your annual mileage is low. If you use your car to commute to work, expect more expensive premiums.

Younger drivers should avoid buying expensive high performance cars. Instead they should invest in a smaller cheaper car to start with. This way they can build up their no-claims discount and benefit from cheaper premiums later on.