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UK drivers can save £1,371 yearly by getting insurance quotes 26 days before renewal, per Money Saving Expert.
UK drivers may save an average of £1,371 annually by renewing car insurance 26 days before their current policy ends, according to Money Saving Expert, which analyzed over one million quotes from January to April 2024.
The research shows premiums drop from £2,277 on renewal day to £906 when quotes are obtained 26 days in advance.
Experts recommend securing quotes between 20 and 27 days prior to renewal, as getting them too early or too late can increase costs.
Savings have been reported by drivers who followed the advice, with some cutting monthly payments in half.
Using MSE’s comparison tool is encouraged to find the best rate and avoid automatic renewals at higher prices.
Los conductores del Reino Unido pueden ahorrar 1.371 libras al año al obtener cotizaciones de seguro 26 días antes de la renovación, según Money Saving Expert.