The EU ruled in 2012 that companies can no longer consider your gender when providing a quote for a product or service so this doesn’t affect your price.
As you get older and you’ve held your driving licence for longer, you’re considered to be more experienced on the roads. Statistically you’re less likely to be involved in an accident so you can expect to pay a lower price.
Younger drivers, aged between 17 and 25, typically face paying the highest premiums. All is not lost; if you have a careful young driver in your family then MORE TH>N SM>RT WHEELS might be just the ticket!
There’s also a point at which your age is seen to be a higher risk because the chance of you being involved in an accident increases in later life.
Some jobs mean that you spend more time driving your car for business use or you use it to commute to work during the week. It’s important you select the right level of cover and that you provide an accurate estimated annual mileage.
Two similar job titles can provide two very different prices so it’s important to be as accurate as you can when entering your job title.
If you live in a built-up area where the risk of accidents is generally greater, then you’ll pay more for your car insurance. It might be a well-known accident blackspot or dangerous road junction in your town, or you could live near a road with high levels of vehicle crime.
It can vary between nearby postcodes. A car owner who lives on a busy main road may have to pay higher prices because more accidents have been reported there than in the cul-de-sac round the corner.
If you’ve made a claim within the last five years or have any points on your licence, this will have an impact on the price quoted.
A little run about is not only cheaper to run but also cheaper to insure for most people. A larger engine or newer car is typically more expensive to repair. They are also more attractive to car thieves so you can expect to pay more to insure it.
Alarms, immobilisers and other built in security devices may help reduce your premium.
You'd think that the higher the level of cover you go for, the more you’ll pay but this isn’t always the case. It’s worth checking the price you’ll pay for each level of cover on offer as well as making sure the one you select meets your needs.
You can reduce your premium by increasing the voluntary excess to an amount you’re able to pay on top of the compulsory excess if you need to make a claim.
It’s also important to remember that your insurance policy doesn’t just provide cover for your car – it’s also there to protect other road users against accidents you might cause.
Did you know you can log into your account to make the following changes to your policy (starts with RSAP) without incurring a £25 administration fee?
You can also add optional cover such as breakdown services from the RAC, courtesy car upgrade and legal assistance.
Plus you can view and download your policy documents including your motor certificate whenever you need to.