Drivers urged to obey one instruction for up to £539 off car insurance
Drivers should always shop around when looking to renew their motor insurance coverage as they could end up saving as much as £539, according to experts.
Drivers are being urged to use a tip for cheap car insurance as prices begin to drop by 21 per cent. Drivers should always shop around when looking to renew their motor insurance coverage as they could end up saving as much as £539, according to experts.
Research from the insurance provider also found that two in five drivers think the prices are more expensive than ever, with one in three saying it's close. Rhydian Jones, motoring expert at the insurance comparison service Confused.com, explained: "We’re starting to see a consistent trend of prices decreasing, and this is great news for drivers! This could be because insurers are paying out fewer claims than before.
"Paying out on less claims means more savings to pass on to customers. But this doesn’t mean that prices won’t start to increase again in the future, especially if claims start to increase. Staying on top of your insurance is key to getting the best price."
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Ahead of renewing, Mr Jones urged drivers, motorists and road users to shop around. The tip and trick could see drivers benefit massively, with car insurance policies plunging after they manage to do a quick check.
He advised: "You’ll often see a better price if you shop around at renewal time. Even if your renewal price from your insurer is cheaper than last year, it’s likely there will be another insurer out there offering a better price.
"Doing this ahead of time can save you even more too. Our data shows that if you shop around about three weeks before your policy is due to renew, you could benefit from the biggest savings. Leaving it too late, or simply accepting your insurer's renewal price could mean you lose out on great savings."
Mr Jones added: "But my biggest piece of advice is to never accept your insurer’s renewal quote, without looking elsewhere first.
"That’s why price comparison sites are a great way to check whether you’re getting the best deal. We’re so sure of this that we offer to beat your renewal. And if we can’t, you’ll get the difference, plus £20."