Drivers warned over common car insurance mistake that could land them with a £5,000 fine – here’s how to avoid it

DRIVERS have been warned over common car insurance mistakes that could cost them a £5,000 fine.

With the cost of living continuing to rise, drivers are trying to find the cheapest insurance policies possible.

Drivers warned over common car insurance mistake that could cost them £5,000GETTY_HUB

Car experts at Bristol Street Motors have noticed that Google searches for “how to get a cheap insurance” are up 50% compared with last year.

They also say that queries for “car insurance hacks” have increased by 33%.

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However, not providing the correct information to your insurance company could get you in big trouble.

Unfortunately, new drivers usually have to pay more for their car insurance.

To reduce this cost, some may attempt to declare their parents, who have years of road experience, as the main driver of their car.

However, this is an illegal act and could result in a £5,000 fine and six points on your licence.

Drivers who spend time at two or more addresses may also be tempted to list the most rural area.

This is because populated areas with higher crime rates have more expensive premiums.

However, drivers may still pay a higher premium if the number of accidents is high in a rural area.

There may be other risks, such as wild animals on the road or the road being prone to treacherous conditions.

The experts also advise drivers to compare car insurance policies to find the best deal.

About a month before the policy is up for renewal, drivers should take their time reviewing different insurers and policies to see where they can save the most money.

However, it’s worth knowing that in January 2022, the FCA introduced a new law for car insurance.

The law means that any customers renewing their insurance cannot be charged more than the price new customers would pay for the equivalent policy.

And lastly, black boxes can reduce the cost of your insurance policy.

Many drivers believe that black boxes impose curfews on drivers.

While this has been true in the past, especially on early black box policies, it’s no longer the case.

They might not have a curfew limitation, but they can impact insurance premiums.

If car owners drive sensibly, their insurance could be much cheaper, as they are considered “low-risk drivers” and less likely to make a claim.

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