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.
Similar questions
I've had my Mazda MX5 for 15 years and have no intention of parting with it, but the load/tow car to which I've had access when necessary will soon become unavailable. I have a mind to buy something cheap...
My car suffered a cracked windscreen. I would prefer to have the replacement screen installed by a local fitter that I've known for years, but I'm finding this impossible. LV continually direct me to their...
I was involved in a car accident back in April 2017. It happened on a small stretch of single track road with some passing places, 30mph, three tonne weight limits. I had stopped safely and quickly, the...

Value my car