Sports Car Insurance
If you drive a sports car money saving money probably isn’t your biggest concern however when it comes to car insurance, everyone wants to get their hands on the cheapest policy they can.
But because you drive a sports car, insurance won’t come cheap.
Why is sports car insurance expensive?
Sports cars are pricey, powerful and desirable and they’re expensive to insure as a result.
• Statistically, sports cars are more likely to be involved in an accident because they’re high powered.
• They’re more likely to attract attention from vandals and thieves because they’re expensive and desirable
• In the event of either of the above happening, repairs are likely to be expensive too
There’s no getting around that but there are ways that you can reduce the cost of your sports car insurance.
One way to do that is with the mustard.co.uk Cheapest Price Guarantee where if you find a cheaper insurance quote anywhere else online for your sports car, we’ll beat it.
But on top of that there are a few other things you can do to reduce your premium, no matter what your drive.
1. Think about short term
Short Term car insurance is a good money saving solution for anyone with a car they don’t use as their every day run-around.
If you use your sports car as a car for special occasions like weekend drives or road trips in the summer and not as your main car, a short term sports car insurance policy could help you save money.
2. Take an advanced driving course
An advanced driving course can reduce the cost of your insurance by up to 15 per cent.
Check to see which driving courses are approved by your insurer and their cost, it might not be worth doing a course if it costs £500 and you’re only going to save £50.
3. Keep it safe
Approved security devices and parking in a locked garage or on a driveway will reduce the cost of insurance for your sports car.
4. Sports car clubs
Joining a sports car club can help you save on your car insurance if it’s one that’s recognised by your insurer.
5. Keep your mileage down
Limit how far you drive. The less miles you drive the less you’ll have to pay for your car insurance.
6. Change your voluntary excess
Increasing your voluntary excess amount will reduce your insurance premium however you need to be able to afford it in a lump sum in the event of a claim.