If you believe yourself to be a safe driver and therefore unlikely to have an accident, then its a good idea to raise the excess on your policy. i.e. the amount you will pay toward any claim on your policy in case of an accident. Raising your excess for a few hundred pounds can save you twice this in premiums.
Do think carefully though before you decide to choose this as an option and ask yourself the question of how much you would be able to afford in the event of an accident. i.e. would you be able to afford £1,000 up front if you were unfortunate enough to be making a claim?
