For auto insurance companies over the UK, the excitement word is ‘retention’. Though around 75 percent of us stay with our provider year in and year out, the insurers are battling to hold on to the increasing number of individuals who choose to look around for affordable car insurance.
One tactic would be to introduce no-claims protection. Direct Line for instance has recently joined a number of insurance companies prepared to allow users to create small claims without losing their no-claims discount. Actually any vandalism claim created using Direct Line might find your no-claims bonus retained.
Insurers will also be using direct-debit roll-ons to retain custom. Paying by direct debit often proves financially beneficial however it increases the probability of your car insurance plan running on every year as you don’t have to do anything to improve your contract.
Some auto insurance companies offer discounts for you to definitely stick by them. A lot more than for example will offer you two months’ free cover to any policyholders who've not made claims in the previous Twelve months.
Despite these seemingly attractive deals, individuals are being warned they should still look around.
In the majority of cases, the savings that may be made by looking around far outweigh the special deals for staying with your insurer. For instance you could secure a cashback deal through Mailbox car insurance, or get discounts up to 35 percent for taking your company to another company.
Consumers will find better value if you take advantage of introductory auto insurance offers. So look around for cheap auto insurance using a price comparison tool to find out the cheapest available deal – even if you're happy with your existing insurer you are able to still take this quote for them and ask these phones match it.
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