Check your bills
It can be easy to forget about Direct Debit payments.
- Try to keep track of what you are charged each month
- If it increases, ask your provider why
Mid-contract price rises do happen, and technically your insurance provider isn’t breaking the rules by increasing your payment.
- You have the right to complain
- You have the right to switch providers
Make a note of when your policy ends
Some insurance policies auto-renew which:
- Ties you in for another year
- Often at a higher price
To get the most savings:
- Make a note of when your policy is due for renewal
- Set yourself a reminder a few weeks before it ends
- Shop around
Try not to leave it to the last moment. You can save more by getting quotes before your insurance policy ends.
Shop around for a better deal
Compare prices from other insurance providers to get the best deal.
- Use price comparison sites to check you are getting the lowest price
- Check the fine print before you take a new deal
- Make sure that you still get the cover you need
Ask your insurance company for a better deal
Haggling on price can make many people nervous or uncomfortable.
But when it comes to your insurance provider, it is best to be direct.
- Gather details of the deals you found
- Call your provider and tell them you are thinking of switching
- Ask them to match or beat the other deals you found
This can be surprisingly effective.
Do not wait to switch to a better deal
Make the move if:
- You find a cheaper insurance policy with a different provider
- Your current provider cannot match it
Switching is straightforward.
Then you do not need to worry about it again until your next renewal.
Review your insurance every year
Shop around for savings every year. Even if you like your deal.
When it comes to insurance, loyalty doesn't pay.
Check for better deals each time your policy is due to end so you do not miss out on potential savings.