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Renewing Car Insurance & Moving house

Miri_J
Miri_J Posts: 62 Forumite
10 Posts First Anniversary Name Dropper
I'm trying to renew my car insurance and have a number of options for policies. But I'm hoping to move house within in the next year. The new house is in a place where car insurance is more expensive. So the cheapest policies where I am now turn out to be very expensive in the new location. I'm not sure what to do. Whether to go for a cheap policy now and hope they don't bump the price up too much in the first year when I change my address, or go for a slightly more expensive policy, that is quoting a more reasonable rate at the other address, and a reasonable rate for changes to the policy. 
Do others have experience of this please?
My insurance isn't silly money, but I don't have a lot to spare.
(BTW, the reduction in house prices far outweigh the increase in car insurance prices.)

Comments

  • la531983
    la531983 Posts: 3,229 Forumite
    1,000 Posts Second Anniversary Name Dropper
    edited 30 July 2024 at 12:22PM
    There is no guarantee the risk rating of the new address will be the same in 3/6/9 months, so comparing prices between the two addresses now is likely to be futile.
  • born_again
    born_again Posts: 20,801 Forumite
    10,000 Posts Sixth Anniversary Name Dropper
    Insure at the best value now.
    What happens in the future may all change.
    Life in the slow lane
  • Miri_J
    Miri_J Posts: 62 Forumite
    10 Posts First Anniversary Name Dropper
    la531983 said:
    There is no guarantee the risk rating of the new address will be the same in 3/6/9 months, so comparing prices between the two addresses now is likely to be futile.
    I don't think it's much different from when lived there 15 years ago TBH.
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