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Churchill Car Insurance | Home Insurance | Lloyds TSB Insurance
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UK car insurance companies make
substantial profits every year because a large number of existing customers just
accept the renewal quote from their car insurance provider.
Many people assume that because their first years premium was competitive they
will continue to get good value for money from the same insurer. In fact, as an
existing customer, you could be paying for discounts your insurance company
offers to attract new customers. This is a common way for car insurance
companies to get new customers onto their books.
A simple way to ensure you don't pay more than a new customer for exactly the
same cover is to become a new customer. Instead of just accepting your renewal
premium, get a quote from your current insurer as a new customer. Call the
insurers advertised phone number or get a quote from their website, but don't
use the contact details from your renewal pack.
Armed with the best quote from your current insurer compare it against at least
ten other car insurance companies. The internet makes this far less hassle than
it used to be and you can now get multiple quotes from major insurers using
comparitive sites such as Moneysupermarket and Screentrade.