The average annual car insurance bill is expected to hit a record high of £800 this month, according to comparison website compare the market.
For example, Top cash back is rewarding drivers taking out Co-op car insurance until Sunday 4 June with £50 cashback.
Switching car insurance three weeks before the renewal date yields the optimal saving, says compare the market
Yet despite the rapidly rising cost of car insurance, drivers are turning their backs on the easiest way to make significant savings by sticking with the same provider each year.
Once you’ve identified a suitable insurance policy, find out if you could earn cashback by purchasing it through a website such as Top cash back
as mentioned in
The surprisingly easy car insurance trick that can slash your premium by £400 a year
Yesterday, Compare the market warned that the average car insurance policy could hit an average of £800 a year next month.
The rising cost of car insurance has been blamed on the increase in IPT and changes to the way compensation is calculated.
In February, the lord chancellor, Liz Truss, announced the increase and at the time experts said it could add around £75 year to car insurance bills.
“Some drivers may assume that admitting this will increase the cost of their car insurance, but in many cases the opposite is true.
Amanda Stretton, motoring editor at Confused.com, said: “One of the checklist items when insurers are trying to calculate a driver’s car insurance premium is whether or not they have access to another vehicle, such as their partner’s car or a work car.
as mentioned in Experts are warning that scores of drivers have been duped by a fake car insurance scam and may not have legitimate cover.
Each letter sent to Shafiq Ali’s home was addressed to a different person and contained the usual documents associated with a new car insurance policy.
But Churchill car insurance has now confirmed Mr Ali’s home was used as part of the scam and launched an investigation.
The fraud was revealed after a Mack worth man was sent more than 100 insurance documents for policies he had not taken out.
OTHER NEWS: Clubber sues for £1m after Derby shire bouncer ‘body slams’ him Fraudsters known as “ghost brokers” sell drivers car insurance deals on the cheap, but issue policies that are not worth the paper they are written on.
collected by :Olivia Mathio