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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: 33,017 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: 4,265 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 :)
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