5 things to check before renewing your car insurance

Auto-renewing on the same terms is easy, but a two-minute check can save money and close cover gaps.

The checklist

• IDV (insured value): too low and you’re underpaid after a total loss; too high and you overpay.
• No-claim bonus: make sure your earned discount carries over.
• Add-ons: zero-depreciation and engine protection are worth it for newer cars.
• Claims history of the insurer: cheap premiums mean little if claims are painful.
• Coverage type: confirm you have comprehensive, not just third-party, if you want own-damage cover.

Get a second opinion

A quick comparison across insurers at renewal often reveals better value. Your relationship manager can do this for you before the policy lapses.