From car insurance to home cover and pet care, auto-renewals are standard practice. But is there a benefit to letting your insurance automatically continue, rather than shopping around?
There must be a logical reason why around 1 in 5 of us will let our current car insurance automatically continue? After all, UK drivers could be saving more than £1 billion per year, which equates to more than £100 each. Insurance companies will point out that auto-renewal prevents anyone from forgetting to continue their cover. That means you don’t have to worry about driving while uninsured, or having an issue with your home and being out of pocket.