When you arrange car insurance it is usually for a 12-month period. A few weeks before your policy is due to come to an end you will be contacted by your insurance provider who will inform you that, unless you have opted out of auto-renewal, your policy will automatically renew and you will be told how much the premium will be for the next 12 month period. It is quite likely that the cost of your cover will be going up at renewal.
You really ought to think twice about just letting your car insurance policy auto-renew based upon some information published by Which? 14,408 Which? members took part in a survey of home or car insurance customers that revealed that between May 2021 to June 2022 the average amount saved by car insurance policyholders who negotiated with their insurer amounted to £56.
We are sure you will agree that figure is not to be sneezed at especially in the current economic climate here in the UK. Those monies could be better spent on other domestic things such as say food and paying towards utility bills.
When you receive your renewal notice for your motor insurance from your existing provider you should seriously consider shopping around to see if you can get the cover elsewhere. If you are able to obtain good quality cover cheaper elsewhere then why not tell your existing insurer the amount you have been quoted by another provider and ask them if they are prepared to match or better the price you have been quoted. At worst, they could say no but you will have heard the saying “ if you don’t ask you don’t get”.
Because of the Internet, it is so easy to shop around for motor insurance. It is so quick to obtain quotes from numerous providers by using the likes of a price comparison website. Why not contact us and we will happily help you obtain a quotation without any obligation.
