Pick a vehicle that has a low insurance group – When choosing which vehicle you will drive to get you back on the road consider buying one in a low insurance group. The purpose of the groups is to classify cars to aid in the calculation of insurance premiums based on factors such as repair costs, the price and availability of parts, performance such as engine size, safety and security. Low grouped vehicles tend to be smaller cars that are cheap to repair by insurers after an accident. Many online vehicle trading websites will tell you the rating of vehicles before you buy them but you can look them up on the Thatcham website.
Stay away from modifications – Modifications include anything that is not factory fitted when the car is initially built. As good as those alloy wheels look, consider how much they will add to your insurance costs. Is it worth the extra expense for the next few years?
If you choose to drive a basic model, it shouldn’t be long until you start to see the price of your premiums fall.
Increase your excess – If you are coming off a ban, you will usually have to have a higher excess than non-convicted individuals. It’s simple but, if you are willing to pay more up-front in the case of a claim, the insurance company has to pay less towards fixing any damage and therefore look on you more favourably.
Use a specialist insurance broker – If you have driving convictions including a ban, don’t use a comparison site. Convicted Driver Insurance Specialists will be able to find you the best insurance for your needs and will understand the intricacies of the insurance market. Many insurers found on comparison sites won’t be able to cover you so by going straight to a specialist broker such as ourselves you could save time and money as well as making sure you are properly covered.
Tell the truth – This is possibly the most important point of all. If you ‘bend the truth’ when looking for an insurance quote and the insurer finds out you will struggle to find insurance at all.
What’s more, if you were to be involved in an accident under circumstances which were not covered, for example whilst commuting when you had taken a Social, Domestic & Pleasure policy your insurer may deem the insurance policy to be void and refuse to pay for any damage incurred.
Written by: Insurance Revolution
[All information in this article is correct at the time of writing.]