With the fallout from Christmas spending and New Year Sales splurges still to deal with, your car insurance renewal quote will probably be the last thing you want landing on your doormat this January.

However, with five simple steps you can significantly reduce your car insurance premium:

Step one ? shop around

Don?t simply accept what your current provider offers, shop around for cheap car insurance. Many insurers offer introductory incentives including cashback deals and freebies so it?s worth cashing-in on these offers.

Step two ? boost security

It?s worth paying a little extra for an approved car alarm or, if you’re a performance car owner, getting a tracker fitted will reduce your car insurance premium. You can also save money by parking your car in a garage overnight.

Step three ? improve your driving

An advanced driving course will earn you brownie points with your insurer ? and of course you can make large savings by building up a no-claims discount.

Step four ? increase your excess

Review your excess and think about what you could afford to pay should the worst happen. Don?t go over that limit just in case, but do consider how high you can go.

Step five ? think about the car you drive

Many of us wouldn?t consider parting with our vehicles, but think realistically about the car you drive. Are you paying over the odds simply because it has a large engine? Changing to a smaller car can offer significant savings on insurance, tax and petrol.

So what are you waiting for? Put all or some of these steps into practise and you?re almost certain to save on your car insurance. Shop around with a price comparison tool and you can find cheap car insurance without even leaving your chair!