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Dont Just Accept Your Car Insurance Renewal Quote UK car insurance companies make substantial profits every year because a large number of existing customers just accept the renewal quote from their car insurance provider. Many people assume that because their first years premium was competitive they will continue to get good value for money from the same insurer. In fact, as an existing customer renewing your car insurance, you could be paying for discounts your insurance company offers to attract new customers. This is a common way for car insurance companies to get new customers onto their books. Become a New Customer A simple way to ensure you don't pay more than a new customer for exactly the same cover is to become a new customer. Instead of just accepting your renewal premium, get a quote from your current insurer as a new customer. This will expose any discount given by your insurer to new customers which you will be paying for if you renew as an existing policyholder. » Discuss it » Continue Reading »
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