Finally, you got a hold of your own wheels which has got you thinking of all the lit things that you can finally do without composing a story in your head of getting the keys from mom or dad. Car insurance is not complicated and expensive as you might think. Besides, it can save you from seeing flames when you accidentally bump into someone else’s car. Here are seven things you can do to drive it down to something that is manageable.
Ride your parent’s bill for a while
Growing up is great with all the perks that come with it, but there are other things like fees and tax which make you realise that this adulting thing is hard. If you are looking to save some money on your car insurance, then the best way is to stay on your parent’s policy. You can ease up the smooth factor by letting them know that they can get a 25% discount if they keep you on their policy, they also want to save too.
Get a cheap car
It would be nice to post a picture of you in a Bentley on Instagram with the caption #Blessed to show how you are killing it, but it will cost you more to insure. Look for a car that is cheapest to insure by comparing it online and getting quotes from various car insurers. If you are all about the aesthetic appeal then go for it, but also find a car you can save on without burning a hole in your pockets and being forced to live off noodles for the next few months.
Take a safe driving or defensive driving course
You might consider it a bummer that your age is the reason why you are paying more car insurance than any age group. Drivers who are 25 and under pay more because insurers see you as a risk and most likely to make claims. The best way to save is to take a safe driving or defensive driving course to cash in on discounts.
Resist the urge to make a claim
You might want to think long term on this one. If you make a claim just because you can it will wipe out any No claims bonus you may have and mark you as a risky driver which will increase your premiums, defeating your goal of making it cheaper
Stock up on safety features
Give your car some TLC by protecting it with safety features such as alarms and tracking devices that will reduce your car insurance premiums. It will also help you sleep better at night that your car will be less likely to be get stolen.
Leave your car at home
Maintaining your car can get pricey overtime and if you drive it all the time, even to the shop down the street, it will increase your premiums. Some insurers consider a low kilometre to be between 10,000 or even 20,000 annually, so at least you will know what numbers you are working with. Taking public transport or carpooling with your friends will reduce your premiums. If you can walk to and from certain destinations that don’t require driving.
Consider reducing the horse power
If you want to raise a massive red flag, then speeding is the quickest way to get you there. Try to get a car that has low speed limit, that won’t make your number plate appear on speed camera’s. Modification such as altering the engine to make the floor shake will definitely see you paying more.