We all want a discount on our car insurance but what about getting lower cost no deposit car insurance policies? No deposit insurance is a type of policy that allows you to pay monthly for your cover without the need for a deposit that normally needs to be paid at the start of the policy.
Unlike most other types of car insurance there are very few insurers that provide these types of pay as you go insurance. This means that there isn't really much option to shop around and compare prices in order to get a discount. The usual factors in reducing the cost of your monthly premiums will still apply such as your level of no claims. There are however no special discounts on offer as such, that doesn't mean that you can't reduce the cost of your quote by adjusting the different options on the quote form.
You should never provide false information on your quotation, it is illegal and if you get caught or have an accident the insurance is going to be invalid. However there are several parameters that you can adjust legally in order to reduce your potential car insurance premiums. Once you have filled out the main sections of the quote it is then easier to adjust different factors without having to redo the whole of the section.
It may seem counter-intuitive but sometimes adding a spouse to your policy actually reduces the cost of your cover. This is something you can try to see if it reduces your premiums. Things like this are worth trying as it only takes a few seconds to change the options to get a new quote.
Excess is often a sticking point, do you go for minimum levels of voluntary excess just in case you have an accident or do you try for the maximum allowable excess. The insurer will usually only have a few options set at different price points. It is worth trying these different options to see what effect it has on the cost. You may find that a lower level of voluntary excess doesn't actually affect the cost of the quote at all.
What about legal cover, most insurers offer you this as an extra or may even add it onto your quote automatically. This type of motor legal protection is often invaluable especially if you have an accident that turns out not to be your fault. If however you are trying to get as much discount as possible you can remove the legal cover to reduce the cost of your policy. If the difference is not that much it is well worth keeping the legal protection.
