MSE News: Cheapest car insurance since 2014 - many can save large NOW even if not at renewal

MSE_Helen_K

In a rare bit of good news, car insurance is at a seven-year low at an average £420/yr (£160 less than at its height). Part of the drop, according to the source, MoneySupermarket, is that fewer people driving in lockdown has meant fewer claims. 
MoneySaver Alex cut his cover from £650 to £250 mid-year. So the big question is: "Can you take advantage?" And the answer for most is a resounding: "YES". Give us five minutes to take you through it...

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'Cheapest car insurance since 2014 - many can save large NOW even if not at renewal'

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jimjames

Not for all though. 3 of my policies are cheaper, 1 is nearly 50% higher than last year. 

Flight3287462

My daughter passed her test Friday insured her from Saturday (waiting a day saves you around £100) for £478 fully comp on 16 Plate 1.2 Skoda Fabia Monte Carlo.   Was fully expecting four figures.

forgotmyname

Daughters policy (renewal letter) is £3 dearer than last year even though she now has 5 years no claims
not the 4 from last year.

Not shopped around yet though.

jimjames

Hunyani_Flight_825 said:

My daughter passed her test Friday insured her from Saturday (waiting a day saves you around £100) for £478 fully comp on 16 Plate 1.2 Skoda Fabia Monte Carlo.   Was fully expecting four figures.

Is that with a black box? My son's premium has massively dropped age 19, V6 engine) from £2500 to £900 this year

oldagetraveller1

Well Helen, you could have fooled me!

Or is this just promoting certain providers and/or comparison sites for a kickback?

Flight3287462

jimjames said:

Hunyani_Flight_825 said:

My daughter passed her test Friday insured her from Saturday (waiting a day saves you around £100) for £478 fully comp on 16 Plate 1.2 Skoda Fabia Monte Carlo.   Was fully expecting four figures.

Is that with a black box? My son's premium has massively dropped age 19, V6 engine) from £2500 to £900 this year

Nope, no black box.  Heard too many horror stories and restrictions about them.