Can I change my insurance company every year to obtain the best quote?
Are there any drawbacks in changing your car insurer every year to get the cheapest quote?
Asked on 6 February 2012 by CS, Biddulph, Stoke on Trent
Answered by
Honest John
With some insurers, if you have a crash that writes off the car during the first year of a new policy, the payoff may terminate the policy completely. So when you replace the car you have to start from scratch with a new policy. To give an example, if you write the car off four months into a 12-month term, you are not automatically credited with the remaining eight months' insurance when you get another car. Check with your insurer. Some do this. Some don't.
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