Grand Gears's video: Expert advice Car insurance levels of cover 2016

Most insurance companies give you the option of spreading the annual cost of your car insurance through monthly payments. This is a useful way to spread the payments out, but the amount you pay over the year will generally be quite a bit higher than paying in one go. If you don’t have enough money in your account when your monthly payment is taken by the insurance company, they may cancel your insurance. You’ll be told of this in writing and will then no longer be insured. You must then buy replacement insurance before driving your car again. Lastly, be wary of fake companies offering car insurance - you can see if they’re fully registered or not on the Companies House website. Find out more about getting cheaper cover in our guide Car insurance for young drivers – top tips.