General Ins - Latest News - Gocompare advises new car drivers to shop around

 This September will see the release of the new ‘61' car registration plate and with it comes one of the busiest months of the year for car insurance quotes. estimates that it will carry out over 1.5 million car insurance comparisons for customers in September but its recent research suggests that thousands more drivers should be shopping around for their car insurance rather than staying loyal to one provider.

 The study found that 70 per cent of consumers have used a comparison site to compare car insurance in the last 12 months with half of them (35 per cent) subsequently switching to get a better deal. However, 12 per cent of drivers have NEVER switched their car insurance provider and their misplaced loyalty could potentially be costing them hundreds of pounds every year.

 Around 330,000* new cars will be registered in September on the new ‘61' plate will provide over 1.5 million car insurance comparisons
 70% of consumers have compared their car insurance in the last 12 months
 35% have switched car insurance provider in the last 12 months
 12% have NEVER switched their car insurance provider customers save, on average, £354.35** by comparing their renewal against deals offered by a range of competing insurers, but some have saved considerably more by shopping around.

 For example, a 23 year old computer programmer driving a VW Golf saved a massive £821.00 on his car insurance after he was sent a renewal quote of £1,640.00. is warning drivers to look out for insurers trying to pass on eye watering premium hikes when you switch the car on your policy or when it's time to renew your old one. According to the most recent AA Insurance Premium Index*** drivers who took out a car insurance policy a year ago could be presented with premiums which are 30 per cent higher than they previously paid.

 Lee Griffin from, commented: "It's a lovely feeling when you go and pick up a brand new car but drivers may have the shine taken off the experience this year if they don't shop around for their car insurance. Around 330,000* new cars will be registered in September 2011 and we estimate that nearly 40,000*** drivers will simply stick with their long standing insurer, potentially costing them a collective £14m**** in extra premiums over the next year.

 "Buying a brand new car, or just one that's new to you, is an ideal time to have a good look at your car insurance. Unfortunately insurers are notoriously bad at rewarding loyal customers so if you're switching cars this September it may be time to consider switching your insurer too."

 Tips for keeping your car insurance costs down

 1 - Shop around! It's the most important and easiest way to make a saving on your car insurance costs.

 2 - Get the cover you need. If you don't need extras like a guaranteed courtesy car don't pay more for them.

 3 - Consider adding an additional driver to the policy if they have a good no claims history. This could be especially useful for young drivers although don't be tempted to name them as the main driver if they're not. That's fraud and could invalidate your insurance.

 4 - Consider paying a slightly higher excess to reduce your premiums. If you do make a claim it will mean you have to pay out a bigger proportion of the claim yourself, but if you have a claim-free year you'll have saved.

 5 - If you use your car infrequently opt for a lower mileage limit than the standard and it may bring your premium down. But don't say you'll drive 6,000 miles a year and then drive 20,000. If you have to make a claim and your insurers find you're doing considerably more miles than you declared they'd be within their rights to refuse to pay out.

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