Many parents buy their children new cars today and do everything in their power to get them the very best deals.

However, when it comes to insurance, more often than not, it is higher priced than the car is. In this case the young owners of the cars will decide to either opt out of insurance policies or revert to lower forms of insurance as basic as third party.

Simple tips that can prevent your car from getting stolen and also reduce car insurance premiums

If your car is precious, you need to take every step required to ensure that when it is stolen or damaged, you can have it repaired or replaced. However safety is of prime importance here.

Here are a few ways that can help reduce the burdens of the car insurance premiums you pay. Although they may seem ordinary and obvious, sometimes it is the smaller things in life that can help prevent big catastrophes.

- Ensure that you take the parking ticket along with you when you park in a car park that dispenses parking tickets for your exit. This will ensure that you do not give thieves an opportunity to make a clean get away in the case of getting into the vehicle in the car park.

- Ensure that you hide all of your possessions safely and carefully in places that are not visible form the outside. If you have big items, always lock them up in the boot of your car. Items like, gum, cigarettes, CDs and others are often the starting point for thieves to jack a car open.

- Keep your car in a well lit area or even in a public area. This will deter thieves from fidgeting with your car. If you do not feel safe still, maybe a car park with a security guard or surveillance cameras will keep a keen look out for thieves and joy riders.

- Keep every access point to your car closed and double check the doors, windows, boot and sun roof of the car. Keep the car locked and always double check each access point of your car.

- Do not, under any circumstances, leave your keys in the ignition of your car. No matter how short a period of time you are not present. Remember, it will take a good thief just three seconds to open your car, start the ignition and leave.

- Invest in items like steering wheel locks and a good security system in your car as well as your garage. If you have these, there are lesser chances of theft and there fore lower car insurance premiums. Etching your cars windows with your car numbers will also be a good decision as this would increase the work load of the thief.

Car insurance can undoubtedly take care of damage to your car or anyone else in case of an accident. However an elaborate car insurance policy can also take care of equipment and cover the equipment in your car such as stereos, air conditioning and music players.