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UK drivers save up to £1,371 yearly by renewing car insurance 26 days early, research shows.
UK drivers can save up to £1,371 annually by renewing car insurance 26 days before the policy starts, according to Money Saving Expert.
Analysis of over a million quotes from January to April 2024 found the average renewal cost was £2,277, but dropping to £906 when quotes are obtained 26 days early.
Waiting too long or too early may increase prices, with the optimal window being 20 to 27 days before renewal.
Insurers typically send notices 28 days in advance, and failing to act can result in automatic renewal at a higher rate.
Using comparison tools can help secure lower rates, as some users reported savings exceeding £600.
Third-party coverage is the legal minimum in the UK.
Los conductores del Reino Unido ahorran hasta 1.371 libras anuales renovando el seguro de automóvil 26 días antes, según muestra la investigación.