Car Insurance: Money Saving Tips â “ Part 1

November 21, 2008

Insurance can be expensive, especially if you are a new driver. There are no cutting corners when it comes to car insurance; if you are a young inexperienced driver then you will have to get used to the fact that your insurance premium is never going to be cheap.

However, there is hope. By following a few simple guidelines itâ ™s possible to shed a few pounds off your car insurance quotes.

Here are a few things to consider:

Pass Plus
Pass Plus is a specially designed training course provided by the Driving Standards Agency (DSA). It is aimed at young drivers who have just passed their standard driving test.

The course takes about 6 hours to complete. It covers 6 training sessions that are designed to increase driver confidence by introducing a range of conditions that might not have been encountered while learning to drive.

Some car insurance companies look favourably upon young drivers who have completed the pass plus scheme, with some insurers making reductions of between 30 â “ 50% on insurance quotes for young drivers. Itâ ™s worth comparing the price of taking the pass plus course with the savings made on insurance. It has come under some criticism of late, with claims that the cost of taking the course rarely matches the savings to be made.

Avoid Modifications
Any modifications made to your vehicle have the potential to raise insurance costs. It is a legal obligation to inform your insurers of any modifications that you do. Failure to declare any alterations made to the vehicle could invalidate your insurance. The only modification you could make to your car that could reduce your insurance is by fitting extra security devices. Any security feature added to you car that is Thatcham approved could help to reduce insurance costs, but any modification that adds value to your car, for example, alloy wheels could increase car insurance costs.

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