Car insurance prices are generally based on the risk of making a claim
You could save a lot of money
Drivers who add their spouse or partner to their car insurance premiums could save an average of £315, according to new research from Confused.com. Data from the Confused.com price index also found that adding an additional driver, be that a partner or other family member, to insurance policies could also save drivers an average of £117.
Car insurance prices are generally based on the risk of making a claim. Sharing the driving with a spouse, partner, or family member spreads that risk, which can lower the cost. If the extra driver has claims, convictions, or less experience, the savings might be smaller – or there might not be any.
According to Confused.com, 89% of couples have added their partner to their car insurance. The research found that 68% of men claim they drive the most and 11% think that they are a better driver than their partner. The research found that 68% of men prefer to drive themselves.
But 26% of women feel that their partner drives either too fast or too slow. Unfortunately, the arguments behind the wheel don’t stop there.
Matt Crole-Rees, motoring expert at Confused.com, said: “When it comes to car insurance, many drivers are keen to keep costs as low as possible. That’s why adding your partner to your insurance is an effective way to keep costs low – saving drivers an average of £315 on their premiums.
“Not only can this cut the cost of your insurance, but there are other benefits of adding your partner to your insurance. The shared responsibility that comes with joint insurance is helpful when considering longer trips or if there’s an emergency. You and your partner can share the responsibilities fairly and legally.
“But it’s important to be accurate when adding your partner to your insurance. Incorrect details could put you and your partner at risk of invalidating your policy.
“If you can’t add your partner to your insurance, don’t worry – there are plenty of other ways to save on your car costs. One of the biggest ways is to shop around early, which can save drivers hundreds of pounds. Improving your car’s security or making sure your mileage is accurate can also help lower your renewal costs.
“We’ve put together 16 ways to save on car insurance. Not all of them may apply to you, but even a few small changes could make a real difference – especially as costs keep rising.”
