According to the AA, the motoring organisation, the average cost of comprehensive car insurance cover has exceeded £700 for the first time. Worse still, it is likely to increase further in the coming months.
However, did you know that you could save some money on your motor insurance premiums simply by changing the way you describe your job?
Insurers use claims experience for different job descriptions to set their prices. If there have been more claims by drivers with a certain job description the insurer sees a higher risk and therefore offsets this risk with higher premiums.
You can legitimately reduce the quotes you are given by trying out different descriptions of your job on car insurance quotation forms at insurance websites.
Will Thomas, head of car insurance at Confused.com describes the practice as “quote massaging” and recommends motorists to give it a go when they are looking for car insurance policies.
“You must not be dishonest, but many jobs fit a number of accurate descriptions,” he said.
For example a 30-year-old “delivery driver” living in Glasgow will be quoted a premium of £467.25 by Broker King for cover on a Fiat Brava. However, an identical “courier driver” would be quoted a premium of £499.91.
Another way to save some money on your car insurance is to seriously consider the mileage you enter in on your quote form because this too can affect the price of cover.
Cover tends to increase in price when the mileage hits, or is just below, the 1,000 mile marks. As a result, a motorist who enters in a mileage of 8,950 miles a year will pay less than a motorist who enters in a figure of 9,000 miles.
This does not mean that you should be dishonest about your estimated mileage; you should not underestimate, but rounding up to the nearest thousand could be an expensive overestimation.
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