Know Insurance Articles: Car insurance: How to save money.

Prices are rising, there is no disguising it. At a time when we are all trying to save a few extra pennies, saving on our car insurance may seem an impossible thing to do but fear not, there are ways of cutting your expenditure.

First of all, using your car less where possible is a good start. Petrol prices are on the up so therefore if you live close to a work colleague then why not car share. This is a very good idea and you will find yourselves saving a lot of money on petrol. Of course, some people would be against this for many reasons but if it saves you (potentially) hundreds of pounds a month, is it not worth it?

The leading insurers are trying to find ways of reducing the effect the 1.4 million uninsured drivers are having on UK roads. Unfortunately this is not easy at all and having a fully comprehensive car insurance policy will protect you.

When choosing your policy, have in mind the value of your car as this should play an important part in the decision making. If your car has little value then it would be unnecessary to spend a considerable amount of money insuring it. Sometimes a simple third party, fire and theft will be sufficient.

One important fact to remember is not to lie on your car insurance as this voids your premium. Young drivers are often the ones to pay a lot on insurance as they are considered a risk and are more likely to have an accident and claim.

Car insurance is based on many things. For example, your job title is considered an important factor so make sure it is true and accurate. The ability to compare car insurance is the single most important way of finding the best deals as you can compare all the leading insurers at the click of a button.

The ability to compare car insurance means finding the best deals on is easy. Consider your options when choosing your car insurance and as prices continue to rise anything we can do to minimise insurance costs should be taken advantage of.

Karl Bantleman is a UK based author with extensive experience within the financial sector.