Ways to Reduce Car Insurance Costs After an SP30 Conviction
Even if you have a speeding ticket, you can still lower your car insurance rates. By showing that you
are a
safe driver, you can convince insurance providers that you are less of a risk. This can result in a lower
premium.
Take an Advanced Driving Course
Insurance providers may offer discounts to new drivers and those with an SP30 conviction if they complete an
advanced driving course. Courses such as Pass Plus, IAM RoadSmart, and RoSPA Advanced Driving provide extra
skills.
These skills can reduce the risk of accidents.
- Improves driving skills - It helps reduce the risk of getting into another motoring
offence.
- Demonstrates responsibility - Insurance companies may view advanced driving courses as a
smart
option.
- Can lower premiums - Some insurance companies offer discounts to people who complete
these
courses.
Increase Your Voluntary Excess
Selecting a higher voluntary excess can help lower your car insurance costs. However, be careful to choose an
excess amount that you can afford if you ever need to make a claim.
- A higher excess means lower monthly payments - Insurance companies see this as you being
serious about safe driving.
- Make sure it’s affordable - If you get into an accident, you’ll need to pay the excess
first
before your policy covers the rest.
Use a Telematics (Black Box) Policy
A black box insurance policy watches how you drive using special tracking technology. This type of policy can
help
young drivers, new drivers, or those who have problems with their driving licence record, especially if they
have an
SP30 conviction.
- Checks speed, braking, and turning - Helps insurance companies understand the risk.
- Better driving can reduce costs - With safe driving, you might get some discounts over
time.
- Great for drivers under 25 - This is especially useful for those who are new to driving.
Choose a Lower-Risk Car
Car insurance prices vary based on the vehicle you pick. If you are looking for a new car insurance policy, consider choosing
a car
from a lower insurance group.
- Stay away from high-performance vehicles - Insurers consider these as high-risk.
- Consider switching to an electric vehicle - Electric car insurance may
be
less expensive due to added safety features.
- Check insurance group ratings - Cars in lower insurance groups typically
have
lower rates.
Limit Annual Mileage
Driving less each year can help you save money on your insurance costs. When you drive fewer miles, your
chances of
being in a car accident are lower. This reduced risk can result in a decrease in the price of your motor
insurance
policy.
- Give correct mileage - Insurers could increase your premiums if your mileage numbers are
not
accurate.
- Consider a pay-as-you-go plan - Some companies offer insurance based on the miles you
drive.
- Use public transport when possible - Driving less may help you qualify for lower
insurance
rates.
Consider Temporary Car Insurance
If you don't use a car much, temporary car insurance could help you save money.
- Flexible cover options - You can pick insurance that lasts from one day to several
months.
- Ideal for occasional drivers - This could help you save money if you don't drive every
day.
- Perfect for Northern Ireland and Channel Islands residents - This is very useful for
drivers
traveling between the UK mainland and other regions.
Check for Additional Discounts
Policyholders can find other ways to save money on car insurance. For example:
- Adding a named driver - Putting a more experienced driver on your policy could help
reduce
costs.
- Parking in a secure location - Keeping your car in a garage or driveway instead of on the
roadside may lower your premiums.
- Compare multiple insurance providers - Getting quotes from different insurance providers
can
help you get the best price.
