Do Car Drivers Switch their Insurance Providers A Lot

Al_Ross

Was wondering how many of you swap your car insurance companies, like swapping Energy Suppliers to save a few quid.

cattom

I check mine each year with confused.com, and if changing saves me £25+ then I change it. if its below £25 I stay where I am. that's my srtatergy. others may do it differently.

dogshome

May not Switch, but check the market before accepting the Renewal price

Martins advice is to check the Comparison sites 21 days prior to the renewal date. and strangely in the order of, 1 Moneysupermarket

2 Confused dotcom 3 Gocompare 4 Compare the market  - Very odd, but it seems to work

David713

cattom said:

I check mine each year with confused.com, and if changing saves me £25+ then I change it. if its below £25 I stay where I am. that's my srtatergy. others may do it differently.

Even if you don't change insurers, it's worth calling them up when you get the renewal details and advising them that you have found a more competitive price elsewhere and asking if they could do anything with your renewal quote.
I've done this a few times and so far they have never failed to lower the figure.

Car_54

David713 said:

cattom said:

I check mine each year with confused.com, and if changing saves me £25+ then I change it. if its below £25 I stay where I am. that's my srtatergy. others may do it differently.

Even if you don't change insurers, it's worth calling them up when you get the renewal details and advising them that you have found a more competitive price elsewhere and asking if they could do anything with your renewal quote.
I've done this a few times and so far they have never failed to lower the figure.

If they can lower the price, then they could have offered that price originally. That seems to me to be unethical, and treating their customers as mugs.

I don't really want to do business with such a company

JGB1955

I do a comparison every year (and have NEVER, in the past 10 years, used the same company in consecutive years).

prowla

I check my price against others and see which is best, along with whether it's a significant saving against my time to swap.

David713

Car_54 said:

David713 said:

cattom said:

I check mine each year with confused.com, and if changing saves me £25+ then I change it. if its below £25 I stay where I am. that's my srtatergy. others may do it differently.

Even if you don't change insurers, it's worth calling them up when you get the renewal details and advising them that you have found a more competitive price elsewhere and asking if they could do anything with your renewal quote.
I've done this a few times and so far they have never failed to lower the figure.

If they can lower the price, then they could have offered that price originally. That seems to me to be unethical, and treating their customers as mugs.

I don't really want to do business with such a company

Of course it's unethical, it's insurance companies being discussed and ethics don't seem to be a particularly high priority with any of them.
Provided I can negotiate the price down to what I consider to be an acceptable sum, I don't see any reason to continually change who I insure my vehicle with.
What they are doing is pretty much standard with insurers, ISP's, breakdown cover providers etc (and probably quite a few other service companies).

Stubod

I check and compare every year, and give or take £10, if there are cheaper quotes (with companies I recognise), I swap.

NB not had to do it for the last couple of years as my current insurer have been competative.

Boa21

Go through all the comparison sites every year, as per Martin's flow chart. Then, probably will switch - but give my existing provider the opportunity to price match. Obviously have to compare like with like in the level of cover and excess.

justworriedabit

We check every year and ALWAYS ensure it is NOT auto renew.
We changed ours a couple of years ago. In the past we stayed with xx insurance but last year when I rang them and told them I was going to look elsewhere, they often gove a 20/30 off but not last year so I looked and saved a few hundred between me and Mr J inc the cashback site cash the total saved was a few hundred for the two policys .
This year, like the car insurance we have the buildings coming up for renewal and they put it up every year and we ring and get a few quid off and sta there but no auto renew.  This year we are both seeing who can get a cheaper quote with a well known ins co and already a quick search via cashback site is saving real money, we shall see.