7 ways to save money on car insurance

7 tips to save money on car insurance

Cheap car insurance is something many young drivers look out for when they pass their driving test. Whilst it may seem difficult to get a low-cost car insurance quote for drivers under 25, there are things you can do to try and save – you just need to know what to look for. From knowing what car to buy to finding the right policy for your needs, there’s suitable cover for everyone. We’ve taken a look at some of the ways you may be able to save money on car insurance…

1Choose the right car

Think very carefully about the type of car you want before you seal the deal.

The make and model of a vehicle are just two of the many things factored into an insurance quote. Every vehicle is put into an ‘insurance group’ numbered from 1 to 50. A powerful, expensive, and rare car will sit in a higher group, increasing the insurance costs.

It’s always worth checking out the insurance groups of the different cars you’re considering before making your purchase. We’ve got a guide to help you discover cars in low groups, which may save you some money when it comes to purchasing your policy.

2Black box technology

Insurance prices are based on the likelihood of you having to make a claim. Unfortunately, this can be quite high for young drivers because of a lack of experience on the roads. One way you could combat this is to have black box technology installed in your car.

Black box insurance is designed to help young drivers keep their insurance costs down. The device will monitor how you drive on every journey – drive well, and you could see your insurance premium come down at renewal.

There are lots of misconceptions around black box insurance; for instance, did you know our black box insurance has no curfews, meaning you can drive whenever you like? If you’re unsure and want to find out more about black boxes, be sure to read our Black Box Myth Busters.

3Explore your options

If you’re insuring your own car, your first thought may be to head over to a comparison site. Likewise, if you’re a parent looking to get your child covered on your current policy, you may think it’s best just to call your own insurance company, but this may not be the most suitable way to get your teen covered.

The best deals might not always be on comparison sites either, so make sure you check out direct sites and ask friends for recommendations.

4Look out for discounts

Always check if you’re eligible for any discounts. For example, if you have Learner Driver Insurance through us, you will be eligible for a 10% discount on your next policy with Marmalade when you become a full licence holder.

Previous Marmalade Learner Driver Insurance customers are eligible for 10% off their next Marmalade Black Box Insurance policy, based on using the same details

5Buy annual insurance while learning

You don’t have to wait until you’ve passed your test to get insurance. More and more young drivers are taking extra driving practice outside of their lessons, either in a car of their own or a parent’s vehicle. If you know what car you’ll be driving once you’re qualified, it could be more cost effective to buy your cover whilst you’re still learning.

If you pass your test whilst insured with a black box policy through Marmalade, your premium won’t change mid-term. It’s important to check the terms of a policy before you buy annual insurance on a provisional licence.

Young drivers on our learner driver insurance policy are eligible for a 10% discount on cover through Marmalade after they pass. Our Black Box Insurance is aimed at young drivers who are the main driver of their own car; it allows them to prove to insurers that they are safe drivers which, in turn, gives them a more personalised premium at renewal.

Our Named Young Driver Insurance is directed towards young drivers who are sharing a parent’s car. A small telematics tag determines when the young driver is behind the wheel and monitors their journeys, aiming to help them hone their skills and bring their renewal costs down.

6Third party cover could cost more than you think

If you do opt for third party cover, you will need to consider the extra costs you’ll incur if you’re involved in an accident and need to make a claim - as only the third party is covered. This means you might not be able to claim for any damage or a replacement vehicle, and a courtesy car wouldn’t be covered or provided either.

7Avoid car modifications

Whilst a flashy set of wheels with a sub-woofer or styling kit may be tempting, it’s likely to drive up the cost of your insurance. This is because modifications can change the way a car handles or make the car more appealing to thieves – either way, it can increase the likelihood of a claim.

Get set for the open road

Join thousands of young drivers enjoying comprehensive cover with no curfews or night-time driving restrictions

Discover Black Box Insurance

How do I drive with a black box?

Concerned that having a black box comes with a whole load of restrictions? There's no need to worry, here's how to get a great driving score with a black box policy. Psst - it's super simple!