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Ep - 51 Cut the cost of motor insurance
Manage episode 371888658 series 3426902
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Motor insurance is stoking inflation in the UK if we allow it do so. Data from Consumer Intelligence put the average motor policy increase at 34% in May and the Office of National Statistics said that motor policies were up 50% in the year to June.
These increases make it vital that no driver accepts an automatic renewal and that they all start to find the best deal a month out from their renewal date.
You can save hundreds of pounds by renewing early.
Renewal quotes can rise enormously even when there have been no claims or incidents in the previous 12 months. This makes it all the more important to check the whole insurance market including the companies that are not on price comparison sites.
Now is the time to cut insurance premiums and help in the fight against inflation.
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