We understand that your premium can play a large part in deciding who you insure with, and it’s important to us that we can provide cover options to help meet your cover and budget needs. We’ve outlined a few considerations to keep in mind when you’re reviewing your policy below, which may help reduce your premium.
- Review and adjust your excess - depending on what you think is manageable for your budget, you may want to review your excess. There are different excess options available. Generally speaking, if you select a higher excess, you will pay less for your annual premium. Remember, you’ll need to pay the excess amount you have selected if you make a claim, so it should still be affordable. You should also take into account additional excesses that may also apply in the event of a claim in the event of a claim.
- Review your optional benefits - you’ll find your optional benefits listed on your policy schedule or on the Policy Summary page in your My AA Insurance account.
- Consider how you pay – you can choose to pay your premium annually or spread the cost by fortnightly or monthly direct debit. It’s important to note that you’ll pay less in total if you choose to pay annually.
The above is just a summary of some things to consider when reviewing your cover and premiums. Our blog Cover for your needs and budget also goes into more detail to help you get the cover to suit your needs.
If you would like to explore any of the above options further, please don’t hesitate to get in touch.