The majority of people would love to save some money in the current economic climate. You will be aware that motor insurance premiums have risen significantly in recent years – in some cases to concerning levels. So, we thought you might find it of interest to read that you may be able to save some money on your motorhome insurance policy at renewal using the following tip.

Many of you will have heard of the price comparison website called Go. Compare here in the UK. Well, it has recently undertaken some very interesting research into when it may be the best day before the renewal date of your car insurance policy to get a car insurance quote, Yes, the research does relate to car insurance but it may be that motorhome insurance renewal quotations follow a similar pattern.

However, let us first ask you what you do when you receive your motorhome insurance renewal quotation either by email in your inbox or through your letter box in paper form? There will probably be a few of you who don’t even read it, some will give it a quick read and file the paperwork but there will be some who study it and then get on the Internet and use one or more price comparison websites to get one or more renewal quotes to see if you can save some money.

Well, did you know that the above research undertaken by Go. Compare found that there was a big difference in renewal premiums depending upon how close to the renewal date of your existing cover you obtained a quote.

It found that, on average, the cheapest renewal quote was one that was obtained 26 days before the existing policy was due to be renewed with premiums averaging (median) £367 per annum. Get a quote 2 days after that and premiums have increased to an average (median) of £377 per annum. Obtain a quotation with 14 days to go before your existing cover is to be renewed and pay an average (median) of £395 per annum. With only 2 days to go premiums average (median) £484 per annum. If you leave it until your renewal date to get a quote then you will pay an average (median) of £569 per annum.

As you can see, there is a huge difference in delaying getting a renewal quote for car insurance until renewal date. So, bear the above in mind when you receive your motorhome insurance renewal quote. Get in contact with us to obtain a no-obligation, competitive quote.