As any vehicle owner will testify, purchasing an annual insurance policy isn’t cheap. Even if you have a spotless record, you may still be asked to pay hundreds of pounds for effective cover. However, the good news for anybody looking to renew their car insurance policy is that there are a variety of ways to lower the cost of your yearly coverage, especially if you’re over 50.

You probably won’t be surprised to learn that the Internet is a key resource if you're looking to compare car insurance quotes. Billions of people around the world go online to compare prices and buy products every day, making it a logical place for insurers, brokers and comparison sites to operate. Therefore, if you’re looking for a better deal, you should be clicking your mouse first.

Driving Tips for the Elderly

Where to go online

Not everyone over 50 is confident about using the Internet and some may not be fully aware of where to go or what to do. If that describes you, it's important to note that filling in your details to secure a quote on any site doesn’t constitute an intention to purchase, nor does it lock you in with a company. Whilst they may well choose to send you a follow up email, it’s easy to opt out of ongoing nuisance updates as any message should provide a link to remove your details from their database.

Once you have a quote, and the associated reference, you will be able to compare this to your existing policy and any other quotes that you are able to source. This should provide you with the clearest indication of where you can secure the best possible price for your insurance.

As with any comparison though, you need to be sure that these are sourced on a like for like basis. After all, there will be a major difference between third party and a comprehensive policy purely because of the level of cover you’ll be receiving. So always double check that every insurer is providing a quote for the same cover, otherwise you could come up short in the event of a claim.

The big differences can be in the small print

Do check the fine print of the quotes you obtain. For instance, whilst two insurers may appear to be offering identical deals, with one being significantly cheaper than the other, you might find that there is a major disparity in the excess being offered. Therefore, even if you were to save money initially, this could prove to be a false economy if you ever need to make a claim in the future.

Whilst the idea of saving money will no doubt appeal to you, the upheaval and time required to swap providers can act as a major deterrent. But if you are able to access and use the Internet the process can be fast and simple. All you need to do is fill in a few forms online or give the insurer a quick call and you can move over to a new policy in a matter of minutes. As most cover is renewed annually, you will only be able to do this once a year.

If you’re not sure about which insurance company to use, it might help to ask friends or family members if they have had any particularly good (or bad) experiences. The more Internet-savvy amongst you may well prefer to use forums and review sites to find out which insurance providers consumers really rate. After all, a good deal will always be made a whole lot better if you enjoy good service as well, and have complete confidence in the provider.