Ask for a better deal
The thought of haggling on price makes many people feel nervous or uncomfortable, but when it comes to dealing with your insurance provider it's best to be direct.
Call your provider and tell them you know you can get a better deal elsewhere. Take screengrabs of good deals you’ve seen, or write the details down so you can refer to them during the call.
You'd be surprised how effective simply asking for a better deal can be. After all, your provider doesn't want to lose you as a customer so they'll do everything they can to stop you leaving them for one of their rivals.
Remember to be courteous during the call. Insurance company staff are human too, and are more likely to help you out if you're polite and respectful.
If you don't feel like you're getting anywhere with the person you're talking to, don't be afraid to end the call and try again. You may have more luck by simply talking to someone else.
Switch to somewhere better
If you've found a cheaper insurance policy with a different provider, and your current provider can't match it, make the move.
Switching is actually pretty straightforward, and once it's done, you don't need to worry about it until it's time to renew again.
Review your insurance every year
If you get a better deal, it's natural to feel pleased with the outcome, but don't make the mistake of getting too comfortable with your new provider.
Check for better deals each time your policy is due to end so you don't miss out on potential savings.
Remember, when it comes to insurance, loyalty doesn't pay. Keep shopping around to get the best deals.