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Insurers want extra money from your pay packet, and usually, they
get
what they want.
Seriously – take a look at your latest bill. Now look at the same
one
from a year ago. Are you paying more?
If the answer is ‘yes’, you may well wonder why.
Your insurer grows its stash of cash by automatically renewing
your
policy every year and charging you more for the pleasure. Sometimes the price hikes
creep up on you, and other times it’s an in-your-face monster, devouring your
hard-earned savings in one big gobble.
Chances are you’re here because you’ve noticed your premium change
for
the worst. You did the right thing – let’s get started.
Key Points
- Avoid monster bills by comparing a whole host of policies and insurers
- Don’t roll over – auto-renewing can send your premium skyrocketing, and comparing can bring it back down to earth
- Balance the price and policy to find the right insurance for you
Need more information?
Insurance articles and guides
Dare to compare
Auto-renewal is lauded as ‘hassle-free’ – no thinking, or bother
required,
and astonishingly that’s a justification for loading on pounds, low-key.
Shoppers – rise up! There’s no need to roll over and accept a hiked
premium, or overpay for insurance, ever.
Huge insurance savings are ripe for the picking, but only those who
dare
to compare, win.
Price versus policy
It’s not all about the money, money, money – you may also find
that
you get a policy that rocks your world and ticks the boxes, at a price you’re
comfortable with.
Switch Squid built its name and reputation on its ground-breaking
insurance comparison service, and this remains at the heart of everything we
do.
We were the first comparison site to focus on showing you the
features
of insurance policies as well as the price, and as we’ve developed our services the
aim
continues to be to find you the right product at the right price.
To help make your choices fair and simple, we’ve introduced
features
such as Defaqto product ratings – star-gradings of policies from an independent
financial research company which is recognised and respected throughout the
insurance
world.
- We’ll give you the information you need, completely unbiased.
- We’ll help you find the right products – less time, less hassle.
- We’ll help you find the right products – less time, less hassle.
We’re the only price comparison site that has British Insurance
Brokers’ Association (BIBA) membership, a fact that helps us keep up with the latest
in
best practice, and we’re authorised and regulated by the Financial Conduct
Authority.
Insurance essentials
- The costs of auto-renewal
- Avoid doubling up on cover
- Declarations and non-disclosure
Switch Squid has got you covered
We’re best known for car and vehicle cover, but there’s so much
more
to us than that.
If you need property, life, health, income, pets, business and
travel
insurance, we’re your go-to.
Get quotes for this and more, plus read product guides and
articles,
watch videos, or take time to tot-up your costs with calculators and myth-bust your
finances with quizzes to help answer all your questions.
Or, just chat to our customer service team (they promise not to
sing…
unless you want them to!)
So, don’t let your insurer trap you for two, three, four or more
years
with an increasingly demanding bill. Kick auto-renewal to the kerb and find an
insurance
policy that’s fairer on your bank account.
See also:
- Car insurance
- Van insurance
- Motorbike insurance
- Home insurance
- Pet insurance
- Business insurance
- Travel insurance
- Money
- Wedding insurance
- Tractor insurance
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