Everyone dreads that time in the year when you have to renew your car and home insurance as it can be quite daunting knowing where to start. The majority of us understand the need to shop around but many people are frequently put off by the amount of choice there is once they start. Therefore many consumers simply opt to auto-renew their insurance policies rather than switching insurance company to save money.
What to do
How to find the best Car Insurance in 5 minutes
There are multiple comparison sites around so when it comes to renewing your insurance policies, how do you know which one to pick? For the past 10 years I have consistently used confused.com as I have found it to be the best and most reliable when it comes to getting the best deal on my car insurance. At the moment confused.com also guarantees to beat your existing car insurance renewal price or they will give you the difference, plus £20.
To get a quote in 5 minutes follow the steps below:
Step 1: Go to confused.com
Step 2: Click get a car quote
Step 3: Enter your car registration and fill in all of the details
Step 4: Select your insurance policy - be mindful to check what the policy covers as the cheapest may not be the best in the event of an accident
How to find the best Home Insurance in 8 minutes
Getting the best home insurance quotes can also be time-consuming. But, again, I have always used the comparison website confused.com, as I have found it to be the best and most reliable when it comes to getting the best deal on my home insurance. Just like its car insurance offer, confused.com will guarantee to beat your home insurance renewal price or they will give you the difference, plus £20.
Step 1: Go to confused.com
Step 2: Click get a home quote
Step 3: Enter your address and fill in all of the details about your property
Step 4: Select your insurance policy
Ultimately the best way to ensure that you are able to save on your home and car insurance policies is to shop around. Don’t just let your policy auto-renew at the price your insurer has sent you. To ensure you get the cheapest car/home insurance deal you really need to use every single comparison website out there when researching as there isn't just one that covers every insurance company.
The top comparison sites include:
- Money Supermarket
- Compare the Market
- Direct Line (they do not appear on comparison sites)
However, the time vs cost benefit of using every comparison site is why I tend to just rely on confused.com as it has always been a reliable comparison site over the years.
Bear in mind that if you cancel an existing insurance policy before your renewal date the insurer may charge you a cancellation fee of around £50 so you would need to factor that into your assessment of the benefit of changing insurer.
If you cancel an annual policy, you might be entitled to a refund for the months left to run on the policy.