HERE’S HOW TO DRIVE DOWN PRICES

PAY your annual bill in one go. Motorists who spread the cost of their premiums over 12 months will be charged £60 more on average, while home insurance policyholders will pay £13 more, according to comparethemarket.com.

DON’T double up on cover. Admiral estimates nearly a million motorists pay for separate breakdown insurance while already being covered through a car policy.

TWEAK your job title, but be accurate. Motorists who say they work in software rather than computer games could save £100, according to Money Saving Expert.

TELEMATICS boxes monitor your driving habits and can cut premiums. Money Super Market data suggests the average 17 to 19-year-old saves £145.

INCREASE your voluntary excess. Opting to pay more if you make a claim will bring your premium down.

OVERESTIMATING the value of possessions may mean you pay an unnecessarily high premium for a contents policy. If you don’t know an item’s value and have lost the receipt, try checking online.

KEEP shopping around. Motorists save £54 on average by using comparison sites, according to Confused. com. And always haggle with your existing provider.

DRIVE safely. No-claims bonuses can cut a premium by as much as 60 pc.