MARTIN Lewis revealed a trick that could see you save £1000s on your car insurance - here's how.
In tonight's episode of the Martin Lewis Money Show Live, the saving expert shared useful information on how to bring the cost of cover down.
The tip came when an audience member asked about car insurance for his 21-year-old daughter who had just passed her driving test.
"The cheapest is about £3,000," he explained.
Martin responded: "£900 is the average, so £3,000 is three times that amount. There's not one policy I can tell you about.
Selfish drivers mount pavement outside family homes putting pedestrians at risk
"But, the first thing I would do while looking for a younger driver is if there are any black box type insurance policies.
"It monitors how you drive and if you're driving well, this can bring the cost down."
Black box insurance is a type of car insurance which sees a small device fitted out-of-sight in your car and it measures how well you drive in order to reward safe drivers with discounted insurance.
They are often used for younger drivers as they can be charged more for insurance for being less experienced at the wheel.
But Martin Lewis then went on to explain another trick to help bring down insurance costs.
He explained: "Try adding a responsible second or possibly third driver onto the policy because what happens is, with a young person especially, you've got a high risk driver with no record.
"But, if you add a responsible older driver it can sometimes average the risk and bring the price down.
"What you must never do is if it's not your car, put someone who's car it isn't as the first driver - that's called fronting, it's illegal and breaches your contract."
Someone who used the hack emailed in and penned: "Used your tip to add spouse to cover and saved £77 off the increased renewal price - so still an increase but not as much."
Martin added: "That is a spouse, so it can be different with a parent and child.
Top ten reasons learners fail their driving test revealed by the DVSA
"It could well drop by £1,000 it wouldn't surprise me."
CHECK IT OUT
And the MSE revealed that it's worth checking with your insurance company if they offer cheaper policies for households with two or more cars.
In his slide show, Martin highlighted the deals won't appear on insurance websites - so you will have to ask.
"Elbow grease is needed, my rule of thumb is if you've got a multi-car policy, check getting separate policies, but if you've got separate policies - check getting a multi-car," he explained.
"It's often the one you're not on that's the cheaper one at the time."
Industry giants who offer cheaper multi-car policies include Admiral, Aviva, LV, Diamond and Elephant.
Other well-known names that offer discounts for more than one car include Axa, Privilege, Direct Line and Churchill.
To find the right policy for less, Martin also urged drivers to use at least two comparison sites because they will take into account different insurers and brokers.
"If you're not in normal circumstances and struggling to find insurance it may be worth going to a broker who could help you find a more bespoke deal can be a really good way of trying to cut prices down," he added.
One money saver with a success story using these tips contacted the show and wrote: "Increased from £650 to £700 but went elsewhere and the insurer dropped in from £650 to £560 if I did a multi car thing following the end of term for our other car."
MAKE IT YOUR JOB
The third piece of advice to lower car insurance was by changing your job title - if it is legal to do so.
A fan wrote into the show and said: "I'm an identical twin and we have the same car bought at the same time with the same mileage.
"Yet since we both started driving I've always paid more in car insurance, but the only difference is that job we do. Why does this make a difference?"
The MSE said some jobs are considered more risky than others.
"If you're an astronaut, insurance skyrockets," he joked.
Meanwhile, a little extra tip on whether to opt for Third Party or Full Comprehensive cover, Martin said: "If you want the cheapest cover, Third Party is a lower level of cover, Comprehensive gives you more cover.
"But, the fact that sometimes people who are less risky pick Comprehensive cover, brings the risk down, and the price down below Third Party."
