Unfortunately, not enough people review the premiums that they are paying on their classic car insurance. So often, the renewal notice arrives on the doorstep, the envelope is opened, the policyholder takes a quick look at the premium for the next twelve months, sees that it has gone up by a couple of pounds a month and then just files the paperwork.
Yet, bearing in mind that, on average, premiums for fully comprehensive car insurance have come down when compared with a year ago up to the end of 2013, don’t you think that it would be a sensible idea to review your policy and see if you can get the same cover but for less money? Surely you would want to save money!
Having received your renewal notice, you could start by picking up the phone to your existing insurer and seeing if they can improve on the price they are quoting. After all, what have you got to loose by asking the question. Even if they can match last year’s premium is better than having to pay more. The writer of this post has done this successfully on more than one occasion.
However, if you have no luck with your existing classic car insurer then why not spend a few minutes getting quotes from other insurance companies. The quickest way of doing this is to go online and use a price comparison website like the one you are presently on. You will only be asked to provide the information required on one occasion, yet you could be presented with quotes from a number of companies that you can look at in your own time.
You should make sure that you are comparing like for like as far as the level of cover is concerned. When getting quotes, you are also often able to view the product details thus enabling you to make sure that the cover is comparable with your existing cover.
So, why not take the opportunity to review your classic car insurance as you may be able to save yourself some money.