Should I change my insurer or stick with my current policy provider at renewal time?

My multi-car insurance policy is coming up for renewal with Aviva, who I have been with for years. My renewal is £447, so I went online and found LV's multi-car policy is £346 for virtually the same cover. I spoke with my insurer, who reduced the renewal to £402, but there is still a £56 difference. Should I change insurers, considering LV is much higher on you list of the best insurers? I also have house insurance and holiday insurance with Aviva, and they have always been quite competitive.

Asked on 9 April 2018 by Philip J Taylor

Answered by Tim Kelly
You need to ensure that both provide the same level of cover relative to the premiums. If they do, change. Loyalty gets you nothing in the eyes of the insurer.
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