We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

car insurance

recovery20
recovery20 Posts: 3 Newbie
edited 9 February 2014 at 3:56PM in Motoring
assuming you can afford to pay car insurance in a one off payment.
if you use a comparison site (which ive just done and saved £170) where it asks what way you normally pay, monthly / annually click monthly (even if you normally pay annually) and the price drops.
same quote but that is all I change and it dropped by another £70 approx.
1st quote was £240 saying I pay annually it dropped to £170ish saying I pay monthly.
then I just paid in 1 go.
just a tip to save you some money

remember there only asking how you normally pay not how your going to pay :)

Comments

  • forgotmyname
    forgotmyname Posts: 32,755 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Paying monthly is like taking a loan. You pay interest. Some companies charge a lot and others dont.
    Censorship Reigns Supreme in Troll City...

  • Ultrasonic
    Ultrasonic Posts: 4,235 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Interesting tip. Not something I've heard suggested before. I'm surprised it saved you money, but insurance quotation is a strange business.
  • i used comparethemarket when i noticed this happen. so i get my free meerkat as well lol

    just done the same with motorbike insurance as well £45 for the yr :)
This discussion has been closed.
Meet your Ambassadors

Categories

  • All Categories
  • 347.2K Banking & Borrowing
  • 251.6K Reduce Debt & Boost Income
  • 451.8K Spending & Discounts
  • 239.5K Work, Benefits & Business
  • 615.4K Mortgages, Homes & Bills
  • 175.1K Life & Family
  • 252.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.