When is the best time to get car insurance ?

Laurelii

My car insurance runs out Jan 24th, when would be the best to renew ? The cheapest is £554 currently UGH. 

Grumpy_chap

Laurelii said:

My car insurance runs out Jan 24th, when would be the best to renew ? The cheapest is £554 currently UGH. 

According to the article below, about 21 days in advance, pretty much now really:
https://www.moneysavingexpert.com/news/2021/01/martin-lewis-car-insurance/

BreakdownBox

Grumpy_chap said:

Laurelii said:

My car insurance runs out Jan 24th, when would be the best to renew ? The cheapest is £554 currently UGH. 

According to the article below, about 21 days in advance, pretty much now really:

Hello mate, why does it say in your article to try comparison sites in a specific order? What's the story behind this advise? 

Cheers 

Grumpy_chap

BreakdownBox said:

Hello mate, why does it say in your article to try comparison sites in a specific order? What's the story behind this advise? 

Cheers 

It was not my article, but the rationale behind the order can be found at the following link:
https://www.moneysavingexpert.com/insurance/car-insurance/#howwe

Under the "Step 1" heading, there is a link that brings up a pop-up box with the following:

We analyse the prices of a large range of insurance quotes given by Compare The Market, Confused.com, Gocompare and MoneySupermarket. We then take the following steps:

1. We check how many times each comparison site returned the cheapest or within £5 of the cheapest quote.
2. The comparison site giving the greatest number of cheapest quotes, or within £5 of the cheapest, is ranked first.
3. We then analyse the comparison site ranked first with each of the three remaining comparison sites. The combination of the two that returns the greatest number of cheapest quotes will be ranked as first and second to try, to increase your chances of a cheap quote at speed.
4. As per step three, but now using the remaining two comparison sites, comparing them alongside the first two to confirm the third and fourth to try.

Here are the latest scores

This month's results show that Compare The Market gives the cheapest quote 60% of the time – the most out of the four comparison sites. Get a quote from Compare The Market and Confused.com and you'll increase your chances of getting a cheaper quote to 84%. To improve your chances of getting the cheapest quote 96% of the time, get a quote from Compare The Market, Confused.com and MoneySupermarket. Don't forget to get a quote from Gocompare as well, to boost your chances of a cheap quote even further.

Follow this order if you're aged 25+, do not have more than three penalty points on your licence, are claim/accident-free, and it's not a company car (if you're under 25, see our Young drivers' insurance guide).

Hope that helps.