Tips on how to save hundreds of pounds on your car insurance renewal.

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Tips on how to save hundreds of pounds on your car insurance renewal.

CAR INSURANCE is a necessary cost, but it can be prohibitively expensive for drivers.

However, Confused.com reports that there are a few simple ways to save money when it comes to renewal.

Car insurance is a yearly cost that keeps drivers on the road legally.

It can, however, be a drain on your bank account, especially if it coincides with birthdays, Christmas, or other major outgoings.

However, according to Alex Kindred, an insurance expert at Confused.com, there are a few simple ways you could save “hundreds of pounds” when it comes time to renew your car insurance.

He talked to This Website about some of his best money-saving tips.

In most cases, drivers’ car insurance policies will be automatically renewed by their provider.

This does not, however, imply that the price will remain unchanged from the previous year.

“Remember, unless you tell your car insurance provider otherwise, your policy will automatically renew, and the price may increase from the previous year,” Mr Kindred said.

“This is why, before renewing, it’s always a good idea to get a new quote because you’ll almost certainly find cheaper options.”

Mr Kindred points out that even if you’ve been with your insurance company for a long time, there are a number of reasons why switching to a new insurer could be beneficial.

“Remember, you’re not obligated to stay with your current insurer, and you’re free to shop around when it’s time to renew,” he explained.

Drivers can frequently save a lot of money this way.

“You could save hundreds of pounds by comparing car insurance quotes,” Mr Kindred said.

However, if you want to get the best deals, you must plan ahead.

“We recommend looking around well ahead of your renewal date when renewing your car insurance,” said the car insurance expert.

“We’ve found that the cheapest time for customers to renew their insurance is 21 days before the policy expires,” says the company.

“In general, there’s no real benefit to being loyal to your insurer,” he added.

It’s one of the many car insurance myths.

“You can save money and transfer your no-claims bonus by switching to a different provider that offers the same level of coverage.”

However, depending on the situation, there are a variety of additional coverage options that can be extremely beneficial to drivers.

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