There’s no denying it—budgets are tight. With more of us having to watch the pennies than ever before it’s never nice to have a bill falling through the letterbox, and if your private hire driver insurance policy is due for renewal you could well be wondering where you can make some savings. You might be tempted to reduce your level of cover but that will never be the better option as you could be putting your livelihood at risk, and that’s why it makes far more sense to see what discounts you can find.
Most insurance firms will be able to offer discounts of some kind. They want to secure your business, particularly in the current climate, and as such will offer a whole range of incentives to get you to switch to them. So, just what will you be able to find? No claims bonuses will be first on the list, and if you’ve got a good driving history you could make some great savings. Other discounts could include those offered to experienced drivers, new policy holders and those who are BTEC qualified, and some will even offer discounts for arranging things online or simply for paying by Direct Debit. And, if you’re not left with the price you want, you could always ask. If you don’t try you’ll never know, and if you pit a few companies against each other and engage in the good old art of haggling you could secure an added discount quickly and simply.
It’s worth going to your regular insurance firm first to see what they can provide, but don’t be afraid to look elsewhere—chances are you’ll be able to find some fantastic bargains, and if you take your new offers back to your current insurer they could even match it for the minimum of hassle and great savings to boot. Always see what discounts you can uncover for your private hire driver insurance and you could save a small fortune whilst getting the policy that’s right for you, so make sure to look around and you could soon have more cash in your pocket.