Lowering Car Insurance Premiums

Competition in the car insurance market has left premiums at a near stand still over the last couple of years.  There are now over 100 car insurance companies fighting for your business and competition is fierce. There are always bargains to be found as companies cut their premiums to attract motorists in the hope you'll remain loyal and stick with them in following years. The fact of the matter is that better than 1/5 of consumers renew their existing policy rather than shop around.
Tips for Cheaper Car Insurance Premiums

Seek out quotes from insurance brokers They can get more quotes in less time. Their computer systems will search for the best quotes from 40 or more car insurers and save you lots of time. When you've got their cheapest quote, phone them to discuss the relative merits of the cheapest quotes they found.

Keep your car in the garageA garaged vehicle is simply safer. Insurance companies know that a car left on the road at night is much more vulnerable to theft and damage. If you don't have a garage, if possible keep it on your drive.

Report low mileage If you've moved home or changed your job you may have shorter commuting journeys. If so, your premiums should be less.

Think about that new job Landlords, journalists, and professional footballers to name but a few, all pay more! Go for a job that's a bit more boring! Accountants and civil servants pay less!

Consider paying a higher accident excess The average excess is about $100. If you are prepared to increase you claims excess, your premium will fall significantly.

Consider pay as you go insurance The system works through a Global Positioning System which is fitted to your car for a one off fee of $199. The GPS black box tells Norwich Union how many miles the car's been driven and they send you a monthly invoice.

New driversSpruce up your driving technique by taking some more driving lessons.

Choose a lower profile vehicle Cars fall into one of 20 insurance groups with 1 being the cheapest and 20 the most expensive. If the proposed insurance premium is too high, chose a car that's in a lower group. High spec and performance cars attract thieves and are more expensive to repair - so they always cost more to insure.

Get an alarmThis adds to the security and minimizes risk of theft.