How to stop overpaying on car insurance
Car insurance is one of the easiest bills to overpay on, because doing nothing costs you money. If you let your policy auto-renew each year, you're often quoted more than a new customer would pay for the exact same cover.
Why loyalty costs you money
Insurers know that people who auto-renew rarely check whether they could pay less. Prices tend to creep up at each renewal. Comparing a handful of providers, even if you end up staying, is the only way to know if you're getting a fair price.
Time it right
Quotes are often cheapest around 20 to 26 days before your renewal date, rather than on the day itself. Set a reminder so you shop early instead of leaving it to the last minute.
Compare the whole picture, not just the price
A lower headline price can hide a higher excess or thinner cover. Look at the excess, the cover level and any add-ons so a cheap policy doesn't end up costing you more if you claim.
- Check the compulsory and voluntary excess
- Confirm the cover level (third party vs comprehensive)
- Watch for add-ons you don't need
- Make sure your details and mileage are accurate
A quick note on how comparison works
Frugl helps you understand where you might be overpaying and points you to where you can compare. You get a real quote from the provider based on your own details. We don't give personalised advice.
Frugl provides general information to help you compare options. We are not a Financial Advisor and this is not personalised advice. Always check the provider's own terms before buying.