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Car Insurance question
pioneer31
Posts: 335 Forumite
It's that time of year where I have to renew once again.
However, I anticipate that I will have a new car within the next 12 months.
Should I pay monthly (plus the high interest charges) or am I safe to pay annually and claim back, if needed?
Thanks
However, I anticipate that I will have a new car within the next 12 months.
Should I pay monthly (plus the high interest charges) or am I safe to pay annually and claim back, if needed?
Thanks
0
Comments
-
I change car regularly.
Usually my current insurer is the cheapest avaliable for the new car.
Just call them up and swap cars on the policy.
a few times ive had a refund because the new car is a lower risk than the previous.Im A Budding Neil Woodford.0 -
All paying monthly means is that you spread the cost over x months, likely with a fee.
If you make alterations to the policy then the same adjustment calculations will be made irrespective of your payment terms.0
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