Keep your eyes on your insurance renewals

claire1uk

Insurance ready to renew?

Be aware, there is no such thing as loyalty, when it comes to renewing your annual insurance.

It can pay to shop around.

https://www.moneysavingexpert.com/news/2019/06/-my-home-insurance-quote-was-going-to-auto-renew---and-go-up-by-/

tinkev

Absolutly shop around , i was with a renowned multi car insurance for twoyears ,but this year the price shot up dramaticaly, no accidents or claims made, they claimed they had searched and given me the best price for renewal, so I searched went to a different multicar agency and saved £250 for the same two cars.

boblog

My car insurance is generally very low, ie around £150 a year. I usually get it for that but my renewal is always around £180-200 with whatever company I am with

Shoopping around can usually get it for £150, and also look at topcashback or quidco as you can often get £25-£30 cashback too

subasht

personally, i think auto-renewals should be banned.. or at least make this an option for consumers to be able to choose auto-renew or not

with auto-renewals.. consumers are always likely to lose out..

drakanstyr

Well, I have to disappoint you 😀 Last time when m renewal came by post, I was in shock! It was cheaper than year ago for about £45 and I did not even asked them for that, I shall see what they will offer this year, I am very very curious

pete2009

Always shop around as they will increase the price year on year. Most insurance companies will charge you more to stay with them.

Cheers

dartgirl

Goes up every year and for no reason. Time to shop around. Thanks.

giris12

I'm a fairly new driver, I'll have 2 years no claims bonus by October. Let yet I paid £750, hopefully I can save a lot more this year.

nethe82

I think it is a regulatory thing for motor insurance, so that forgetful people aren't ever uninsured. However it was a pain when I actually had to phone to cancel mine, had to sit through a recorded message for 5 mins + just to speak to someone to tell them not to auto renew.

jsmith2009

In my experience you have to change company each year to ensure you get the best deal.

Cheers