Here's how to save on your car insurance costs every month

When was the last time you compared the premium of your current car insurance with the premiums of policies with other insurers? The ones taken out in the past compare car insurance with the current offer can yield substantial savings. This does not only apply to your car insurance, by the way; compare other insurance policies once a year to see if they can be taken out cheaper elsewhere.

When comparing car insurance, there are several factors to consider. You can read more about them in this article. You don't have to compare insurance manually; there are several online tools to help you do this. With these tools, you can determine within minutes which insurer offers the best insurance for you. You can take out the insurance directly from such a tool. 

Factors determining car insurance premium 

The premium of a car insurance calculation means that an online tool assesses your risk based on several factors when they offer you car insurance. Examples of these factors include where you live, your age and the number of claim-free years you have already accumulated. For a younger driver, the risk of damage is assessed higher than for an experienced driver; it results in a higher premium for the younger driver's car insurance. In the case of where you live, a distinction is made between urban and rural areas, for example. In rural areas, the risk of accidents and damage is assessed lower, than in the city. 

Look carefully at the cover required for your car 

When you bought a car, you wanted to protect it optimally from damage. After all, you paid a lot of money for it. Where you opted for third-party insurance with full bodywork back then, now third-party insurance with limited bodywork or no bodywork is sufficient. It leads to considerable savings on your car insurance premium. Especially if you intend to replace your car in the next few years, it is advisable to consider third-party insurance. That way, you will save a little extra every month for the purchase of your new car.

Additional insurance not always necessary 

Besides the basic insurance for your car, you can take out several additional policies. Consider, for example, passenger insurance and legal expenses insurance for traffic situations. Such additional insurances are not always necessary. It is possible that you almost always drive the vehicle alone; in such a case, occupant insurance will cause unnecessarily high monthly costs.