07 July 2023 , 06:00
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A fan of Martin Lewis has revealed how they knocked their car insurance down by an impressive £850.
The MoneySavingExpert.com reader, known only as Krishna, said she was able to reduce her quote from £1,500 to £650.
She had compared prices 21 days before using the MSE car insurance Compare+ tool.
This is a comparison website that asks you questions about your vehicle to find you the cheapest quote.
MSE recommends 20 to 26 days before renewal is the best time to look for car insurance deals for the cheapest prices.
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Krishna said: "I read lots of MSE testimonials saying how people halved their car insurance [using our Compare+ tool].
“I was a non-believer until my quote went down from £1,500 a month before my insurance expired to an unbelievable £650 21 days before expiry.”
Car insurance is a legal requirement in the UK and has to be renewed yearly.
The three main types are: third party, fire and theft and fully comprehensive.
When the time comes to look for other quotes, you should use a comparison website to check for prices - some of the most popular ones include Go Compare, Confused.com and Compare the Market.
It is also worth checking quotes with some providers directly, as not all appear on comparison websites.
One of the most notable ones that doesn't appear is Direct Line.
Once you’ve found the best deal elsewhere, it could be worth calling up your current provider and seeing if they will beat it.
You can also compare and haggle the price of your home insurance to save money.
Home insurance covers you if something bad happens, such as a fire, burglary or storm damage.
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The three main types are: buildings insurance, contents insurance and combined buildings and contents insurance.
MSE says 21 days before your home insurance is due to expire is the prime time to find the cheapest deals.
If you do end up taking out a new insurance policy, you should see if you'd be eligible for cashback on sites such as Topcashback and Quidco.