Martin Lewis warns drivers to be proactive about securing better car insurance rates, particularly when their policy is up for renewal. Despite a 16% decrease in average costs—down from a previous peak—drivers should not settle for their renewal price without considering competitive offers. He recommends using comparison sites to find cheaper policies and reveals that obtaining quotes 26 days before renewal can save average customers approximately £465 compared to last-minute quotes. Vigilance is critical to maximizing savings on car insurance.
Martin Lewis emphasizes that despite a 16% drop in average car insurance premiums, drivers should not become complacent and must actively seek better deals.
He highlights that 26 days prior to the renewal date is the optimum time to get quotes, offering an average savings of £465 compared to last-minute purchases.
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