Drivers could slash their car insurance costs by up to 50% simply by timing their purchase correctly, an expert has said.
Many drivers wait until the eleventh hour or depend on automatic renewal notices from their insurers, thereby missing out on more competitive rates available elsewhere in the market.
However, industry experts say that by understanding the optimal timing for obtaining quotes before your policy expires, you may be able to save a small fortune.
Lorna Macpherson, Motor Finance Expert at Ocean Finance, explains: "You'll often get the best car insurance quotes around 26 days before your policy is due to start.
"Anywhere between 18 and 28 days works, but 26 days is the sweet spot.
"For example, if your current policy ends at the end of March and your new one starts on the 1st April, the 6th March is prime day to get a quote. Sticking this date in your diary for 2026 could save you £164.
"Applying for car insurance at the last minute can sometimes cost you more, because insurers may price higher for policies taken out closer to the start date. Shifting your quote to around three to four weeks before renewal could cut your premium by up to half."
Lorna shares five ways to save even more on insurance.
1. Avoid auto-renewal: "It's convenient, but relying on it means you could be missing out on better deals across the market."
2. Pay annually: "This isn't an option for everyone, but it could save you serious cash as monthly payments often come with interest charges."
3. Use comparison tools: " Checking multiple quotes in minutes helps you find the best deal without spending hours searching."
4. Increase your voluntary excess: "A higher excess usually lowers your premium but make sure it's affordable in case you need to claim."
5. Limit optional extras: "Only pay for add-ons like breakdown cover or legal assistance if you really need them. Don't overpay for extras you won't use."
