What is life like with your car? Let us know and win £500 in John Lewis vouchers | No thanks
Can I change my insurance company every year to obtain the best quote?
Are there any drawbacks in changing your car insurer every year to get the cheapest quote?
Asked on 6 February 2012 by CS, Biddulph, Stoke on Trent
Answered by
Honest John
With some insurers, if you have a crash that writes off the car during the first year of a new policy, the payoff may terminate the policy completely. So when you replace the car you have to start from scratch with a new policy. To give an example, if you write the car off four months into a 12-month term, you are not automatically credited with the remaining eight months' insurance when you get another car. Check with your insurer. Some do this. Some don't.
We give you the low down on how to save on insurance, little-known tricks and tips, what insurance groups mean and how to use insurance aggregators to beat insurers.
Insurance group finder and how to save on insuranceSimilar questions
Normal NCD goes: 30 per cent discount for your first claim-free year. 40 per cent for second year, 50 per cent for third and 60 per cent for your fourth year. But some companies have different scales....
My wife had an accident and wrote off her own car, and two others. One of the other cars was mine. She had protected NCD (75 per cent). I claimed for my damage against her. Despite her NCD remaining at...
My car is insured with National Farmers Union Mutual. The renewal is due and the price is up by 50 per cent with no change at all in my circumstances. I have queried this and they say all insurers have...
.jpg)
