How comparing prices at renewal can help you save money
Money is tight for many of us right now, but unfortunately paying for insurance is something we can’t avoid.
However, that’s not to say you need to stick with the same policies every year without shopping around.
If you do your research when it’s time to renew your insurance, you could unlock a more competitive price. This is where Go.Compare can help.
Go.Compare are on hand to help you find the best insurance policies to suit you, at a price you can afford.
At Go.Compare, you can compare insurance quotes for your car, bike, van and home, as well as travel.
They also offer free Excess Protect Cover, where if you buy car or home insurance through them, they’ll refund your excess (up to £250) after the claim is settled. For car insurance, this excludes breakdown and windscreen repair or replacement. For home insurance, this excludes accidental loss or damage claims. Full T&Cs apply*
And the best part? If you visit Go.Compare via the TopCashback site, you can earn cashback when you take out your insurance policy.
All you need to do is click through to Go.Compare from TopCashback, before generating a brand-new quote and purchasing your insurance policy, and you could earn up to £42** in cashback.
Why should you check car insurance quotes instead of auto-renewing?
While it’s less hassle to just let your insurance auto-renew on its own, you may actually end up paying more if you don’t do your research.
There are various factors affecting the cost of your car insurance, including your job, age, address, annual mileage, the value of your car, previous claims made and previous driving convictions.
If any of the above things have changed since you last renewed your insurance, you’ll probably find that the price of your premium changes as a result.
And even if none of your details other than your age have changed, your insurance premium can still go up year on year.
With this in mind, it’s worth doing a quick check on Go.Compare to see if you can find yourself a better deal.
You may not need to switch companies either, as you may find a better policy with the provider you’re already with.
Make sure to bear in mind that if you do decide to let your insurance auto-renew, you’ll need to make sure your provider does actually auto-renew their policies. Otherwise, you may be left without insurance altogether, which is illegal if you’re driving your car on the roads and can result in a fine or conviction.
Why get your insurance quote from Go.Compare?
If you’re renewing your car insurance or taking out car insurance for the first time, Go.Compare can help you get the right deal for you.
Whether you’re looking for third party only, third party, fire and theft, or fully comprehensive, you can browse hundreds of quotes on Go.Compare. You can also compare pay-as-you-go, learner, multi-car, temporary and insurance for classic cars.
Just tell them a bit about you and your vehicle, select the type of cover you need, and then you can compare quotes from over 165 trusted UK car insurance companies.***
It’s completely free of charge to use Go.Compare’s insurance comparison services, and you can rest assured that they’re unbiased too (they don’t accept any advertising or sponsored listings).
This means you can filter through the noise and find the right policy to suit your price bracket, while still getting all the features you need.
And don’t forget you can earn up to £42** cashback when you take out an insurance policy through Go.Compare via TopCashback this week.
* See Go.Compare’s website for more information.
** The cashback rate displayed is what Plus members will receive. The Classic rate may vary.
*** As of February 2024, there are 171 active car insurers on the panel at Go.Compare.
by Becca Moody
Becca Moody is a copywriter at TopCashback UK. As someone who loves snapping up a good bargain almost as much as she loves shopping itself, Becca is here to keep you up to date on all the latest money-saving hacks. For more of her tips and tricks, check out TopCashback’s Money Guides.