Car insurance: checklist for cutting costs

Charlotte Beugge, Money Mail23 March 2010 Car insurance premiums took their biggest ever upward jump during the last three months of 2009. If you think you are overpaying for your motor insurance then see if this guide can help you cut the cost. Never accept a renewal quoteMost insurers will cut your premiums if you threaten to leave. Use a comparison site such as mailcompare. mailonline.co.uk. Also, pay in one installment, as monthly premiums cost far more. Potential saving: up to 15% Take a bigger excess This is the first part of any claim you pay yourself. Potential saving: 10% Correct

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