6 Ways to save on car insurance

When it comes to owning a car, comprehensive car insurance is a must! This is a necessary expense that will not only cover you for minor accidental damage, but could also be a relief financially should you find yourself in a major accident. The financial drain of paying for insurance monthly may seem overwhelming, however, there are ways to lessen the blow.

Here are great ways to save on your car insurance:

  • Compare
    Before making that switch or accepting your new cover with an insurer, you may want to compare your apples with other apples. Comparing the types of covers available to you will help you pick the best one for your pocket – you can even get a broker to assist you, but keep in mind that you may need to pay them a fee.
  • Relook your excess
    The excess plays a part in determining the monthly premiums you pay for insurance cover. Increasing your excess payable could help you make a saving on those monthly payments. However, it is important to make sure you can afford to pay your excess in the event that you need to claim.
  • Practise safe driving
    Having a good driving history, with no previous recorded incidents may have a positive effect on your monthly premiums and possible save you some extra cash. You might qualify for a discount or reward after you have had a claim free year with your insurance.
  • Choose your car wisely
    Insurance companies often see high performance cars as a high risk and this results in a higher premium paid, especially if you’re 25 years and under.
  • Negotiate
    If you’re not happy with your premium, give your insurer a call. They could possibly work out an applicable discount based on your updated risk profile.
  • Relook your parking area
    A safer parking area could guarantee you a lower monthly premium. Some insurance companies give discounts if your car is parked in a garage or behind locked gates during the night.

Having car insurance is the best thing you can ever do for your car and pocket. Make sure you’re covered accordingly and enjoy the benefits of #financialfreedom. If you’re not covered, get a quote today using the MiWay App.

Related Articles

Caring for your car through the winter

Now that you are spending less time driving around and more time keeping warm indoors, it is vital that you continue to give your car some winter TLC.

Car Hacks That Will Make Driving Easier

Whether you enjoy being behind the wheel or just tagging along for the ride, here are some helpful hacks that will make driving easier.

How to Prepare Your Car for Spring

As you get ready for a change of season, you should be preparing your vehicle accordingly. Here are five ways you can prepare your vehicle for spring: