Before you switch, follow these steps just to ensure you’re getting the best cover and service at an optimal price.
Ask your existing company for a new quote
If you’ve decided to switch car insurance companies solely based on costs, it’s worth chatting to your current insurer about reducing your premiums, or matching the competitor’s quote. Some companies might be keen to “reward” your loyalty with a reduced premium.
Check the fine print
Ensure that your new insurer will cover exactly what your previous insurer did. You might be getting a better price or service, but your benefits might not be the exact same. If you’re in doubt, ask your broker.
If you do go ahead with the switch, here’s what you can do to ensure you’re always covered, and you’re not paying two premiums.
Get details of the new policy in writing
Ensure that what you’ve been quoted isn’t “hearsay”, and that you have all the information in writing and are clear on everything before you head to a new insurer.
Buy a new policy before the cancellation date
Ensure your car is always covered – a gap of even a day without your new cover could be very costly.
Cancel in writing
While it might not be a prerequisite, it’s advisable to cancel with your previous insurer in writing so that you have proof of the cancellation request in case you are charged for another month. Ensure that you get written confirmation from them that your policy has been cancelled.
Make note of your insurance details
Save your new insurer’s emergency contact details in your phone, and if there is one, display their towing information sticker on your car.
To understand more about car insurance, click here:
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Reviewed: Maxda CX 5
