1 February 2024

Motorists Urged to Compare Car Insurance Early

Find out how to find the best car insurance deal on the market, to help reduce your motoring costs.

Motorists who delay renewing their car insurance policy until the last minute miss out on the best deals, a new study reveals.

Last year the average cost of car insurance rose by 25% compared with the cost of policies in 2022.

This information from the Association of British Insurers (ABI) revealed the the average price for a private motor insurance policy was £543 in 2023 versus £434 in 2022

Many of these drivers could have saved on their policy by comparing their options early.

"Drivers really need to act as quickly as possible when they know their car insurance is about to expire,” said Peter Harrison, a leading car insurance expert.

"Every penny counts and being quick off the mark can really make all the difference.”

How to get the best car insurance policy

If motorists want to save money on their car insurance they are urged to start comparing the market before their policy expires, so they can make the change as soon as it does.

There are good deals to be had on the internet, and often a discount if you apply online. Look for other discounts the insurance companies provide and think about ways you could become eligible for them.

Extra training courses are a good idea for younger drivers who lack experience, while those who have parts on their car to make them faster, such as spoilers, could reduce their premium by removing them.

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