Whether you ride a bike or drive a car, one of the main things that you have no doubt considered over the years is how you can keep your insurance down. The first and most obvious rule of thumb is to make sure you don’t have any crashes! I know this sounds obvious, and frankly, there are sometimes occasions when there is nothing you can do about it, but if you manage to claim free for a few years, you will see your premium go tumbling down.

Another way to try and reduce your insurance costs is by adjusting your excess. This is the figure of money you pay towards the cost of repairing your car if you are involved in an accident. If you have an excess of £250.00 then you will have to pay the first two hundred and fifty pounds of any damage to your car if the accident was your fault. It can reduce your insurance costs if you take on a particularly high excess payment. This policy can of course backfire if you do have a crash, but then I take you back to my first way to save money on your insurance.

Another great way to save is by using a specialist insurance provider. If you drive a classic car, there are some great insurers who will definitely be able to beat your price from a normal provider, and if you drive a motorbike, then you really ought to go to a specialist bike insurance company, such as Carole Nash which will again reduce your payments.