You could save around £200, according to Which?
Experts have shared the exact date to renew your car insurance, as it might get you the cheapest deal. Car insurance became mandatory under the Road Traffic Act of 1930.
Car insurance can be expensive, and with many of us trying to save money anywhere we can, it is important to get the cheapest deal we can for the coverage we need. And experts at Which? have said people can probably save money on their premiums by opting to pay on a certain date. An accompany Which article, linked in the update, further explains: "Unfortunately, 98% of drivers are timing it wrong and don't buy their car insurance on the cheapest day, according to data from Go.Compare." It adds that "failing to hit the optimal day to buy your policy could mean paying up to 55% more."
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