A woman has explained how she saved £288 when her car insurance needed to be renewed. The Martin Lewis fan used a five-minute internet check to bump his quote from £650 to £361.08.
Known only as Sarah, the woman has used car insurance tool MoneySavingExpert to find huge savings, MirrorOnline reports. Car insurance can be one of the biggest expenses for drivers, so it’s always worth comparing prices when your renewal date approaches.
She said: “I was really happy to be quoted £361.08 for full cover, including breakdown, with my partner as named driver.
“With the cost of living skyrocketing, I really appreciate everyone’s contribution at MSE.”
The cost of filling a typical family car with petrol has crossed the £100 mark for the first time. The average price of a liter of petrol on UK forecourts hit a new record high of 183.2p on Thursday, according to data firm Experian and the average price of a liter of diesel on Thursday was a record high of 188.8p.
A car insurance comparison website will check the prices of dozens of different offers to give you the best deals. You will normally need to enter your license plate and details about yourself and your driving history to get the best price.
MoneySavingExpert previously revealed the cheapest day to check car insurance quotes. If you’re looking for prices exactly 23 days before your current policy expires, you could cut your price in half.
The amount you could save depends on your personal situation and whether you have made any claims in the past year. Not all car insurance providers are listed on comparison websites – one of the biggest being Direct Line – so always check with the companies directly when looking for quotes.
You can also try haggling the price from your existing supplier. It’s not guaranteed to work, but it doesn’t hurt to ask.