So, the time has come and the car insurance is due for renewal in a few days.
I’ve already received the renewal papers from AA insurance for the total of £350.00 for the whole year – not too bad as for the fully comprehensive cover with No Claims Discount protection, voluntary excess of £500 and two drivers. But, because the current financial situation all over the world isn’t at its best, I’ve decided to check the competition and compare the market prices for the same packet.
I’ve tried one of the price comparison websites (gocompare.com) and have found the deal which have saved me over £100.
Yes – I’ve got the deal for £247 from the Post Office.

I’ve got my previous insurance with AA also through the price comparison website and I have to say – they do work.

One thing however – make sure that you read the content of each page before you click Next button.

The reason being is because, what I’ve found out was that right at the end there was a small note that my policy will be automatically renewed after the year is gone, unless I tick the check box which means that the policy will not be renewed unless you ask for it.

Don’t renew automatically any insurance policy, because there is a big chance that you’re going to get far better deal that the company you’re currently with.

The same applies to the offers from your bank – they normally do offers for new customers, but once you are with them for a long time, it’s becoming harder and harder to get any good deal.

My bank offered me far higher interest rate on the loan than the other banks – how dissapointing is this?