Money Saving Tips - No 2 Car Insurance Renewal

My goal this year is to try and save as much money as possible and to share how I'm doing it as I go along. 
Money Saving Tips - No 2 Car Insurance
I have had car insurance for a number of years (too many to mention) and every year it seems to increase regardless of the fact  that I haven't made any claims.  For most insurance I have such as home and travel I always shop around for the best deal, and while I have moved my car insurance to another company previously I hadn’t done it in a couple of years. This year my insurance increased by over £100 even though I hadn’t had an accident or made any claim and there’s no way I’m paying that amount.  So I went on a few comparison websites and completed a quote to see which companies came out cheaper. 

Now I must admit that I’m a bit reluctant to move my insurance to companies that I’ve never heard of, so the ones that were cheaper but I hadn't heard of, I decided not to look into any further (these companies can offer you good savings so they are worth looking into further by checking out reviews if you have the time).    What I generally do is review the companies that I do know and check them against my renewal quote to see what savings I can make.  I also got a new quote from my current insurer and low and behold I found out that as a new customer I would save over £100.  

Once I had that info, (the best quote  from the comparison website and a new customer quote from my current company) I called my current insurance company.  I asked to be put through to cancellations so I could cancel my insurance.    As expected I was then asked why I wanted to cancel and I told them I could get a better deal elsewhere.  As soon as they heard this they couldn’t have been more helpful and asked for a few more details, amount of quote, who it was with and any changes to my info on the renewal quote (which there weren’t).  After no more than 10 minutes I had been offered a £100 reduction on my original quote which matched the quote they offer new customers. 

It's very frustrating that I had to go through all this palaver instead of them just offering me the same price they offer new customers, but it goes to show that it's worth looking around to get the best deal and then contacting your current insurer.  They may be able to match the best quote and you have made a saving which means you have money to spend on something else (or save if you are being good).  If they don't or won't match it then it's definitely worth moving to a company that offers a lower quote for the same service.

Remember if you do move insurance companies it's worth going through TopCashback or Quidco.  You may be able to get cashback by going through their websites first to get quotes from insurance companies.   You may then get up to £60 cashback which is usually paid to you a few months later.  Cashback is not guaranteed so make sure you are still getting the best deal on your quote rather than going for the best cashback as there is always the risk you won’t be paid.

If you are interested in using Quidco I have a referral link here.  Topcashback is also another site I use and my referral link is here

For other money savings tips see my Asda post hereLet me know if you have any money saving tips to share.

Leigh

This is NOT a sponsored post



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