HomeCar InsuranceAbout to renew your car insurance? These tips can help you compare...

About to renew your car insurance? These tips can help you compare insurers and save


If your car insurance policy is due for renewal soon, it could be an opportunity to shop around.

“The first thing to do would be just assume that you can get a better deal,” says Choice data analyst Mark Blades.

“If you spend the half an hour comparing on [premiums], you can be saving yourself hundreds of dollars each year, so why wouldn’t you do it?”

First, find out if your cover automatically renews, so you don’t miss the opportunity.

Why are you paying a loyalty tax?

While rises in premiums may reflect rises in the cost of repairs, profitability in the Australian car insurance market still rose by $1 billion last year.



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