Getting your timing right
As part of our latest report, we looked into how your timing can affect your premium when switching your car insurance. It can have more of an effect than you might think.
Car insurance in general is seasonal, as prices tend to spike in December, fall in January and then recovering over the rest of the year. However, our latest report seems to show that even this seasonality can’t protect consumers as premiums continue to grow even against the trend so it’s even more important to shop around.
Your timing really can work in your favour in other ways. The best time to switch provider is three weeks before your renewal date. Those who switched 21 days before their policy was up for renewal saved £349 more on average than if they switched on the renewal date – so make sure you put a note in your diary to make the most of the savings on offer.