Drivers told one thing that will immediately cut the cost of their car insurance

Car insurance costs have shot up over the last couple of years, leaving budgets stretched

For many drivers, the cost of car insurance is a nightmare. Charges have shot up over the last couple of years as households have also had to deal with the cost of living crisis.

Some have decided to give up driving, deciding it is unaffordable and that they would rather put the cash towards something else. But during these financially tough times for motorists, there are tricks which can help save money on car insurance.

Many people opt to pay their insurance monthly rather than annually. This is understandable as most of us don't have a chunk of cash to hand to pay for a full year.

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We'd much rather make more manageable payments every month. But drivers actually end up paying more - and quite a lot more in some cases - through 12 monthly payments than they would with one lump sum.

For some people, paying annually simply isn't an option. But experts say for those who do have the money available to pay their insurance in one go, it's definitely worth considering.

It will then save them that monthly payment every month, which can be put towards other bills or used as disposable cash. Experts at Motor Match said: "Opting to pay your car insurance premium in full for the year, rather than in monthly instalments, is a financially savvy move.

"While it requires a larger initial outlay, it eliminates the interest or finance charges that typically accompany monthly payments, ultimately reducing the overall cost. It's an effective way to achieve significant savings on your policy over the year."