Car Insurance Renewals

Homeapproved car insurance renewal quote. Renewing your motor policy is straightforward if you choose to stick with your current insurer. If however you wish to try and reduce your premiums (maintaining cover levels) by switching provider, click through for a new quote today.

You might be surprised to know that even if you do not make a claim (through your current insurer) on your car insurance policy in the first year, your premium is likely to rise. There are a combination of factors which mean that your renewal quote may be up to 50% higher than your current deal!

The levels of apathy which exist amongst UK personal finance consumers dictates that many motorists are unlikely to switch provider at the end of the first year. The insurers take advantage of this fact and load the premiums during years two and three, clawing back profits surrendered by the initial great deal during your first year.

The first rule is to never just accept the new quote from your current insurer. Instead, 2-3 weeks prior to your renewal date make plans to shop around for a new quote. There are many price comparison web site's which deliver an instant quotation for your specific driver and vehicle profile, enabling you to compare against your renewal premium. This will put you in pole position to determine whether your renewal quote is offering real 'value-for-money'!

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