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.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Car Insurance question
pioneer31
Posts: 338 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
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.5K Banking & Borrowing
- 254.2K Reduce Debt & Boost Income
- 455.1K Spending & Discounts
- 246.6K Work, Benefits & Business
- 603K Mortgages, Homes & Bills
- 178.1K Life & Family
- 260.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards