Over four million drivers stuck in £982m insurance loyalty trap


A survey by GoCompare Car Insurance has found that 4.1 million motorists are overpaying for their car cover by £982m a year by allowing their insurer to automatically renew their policy.

The GoCompare Car Insurance’s Auto-Renewal Study discovered that at their last renewal, 44% of drivers let their insurance automatically renew, 13% did so without shopping around.

Automatic renewal
The price comparison website noted that the following reasons had been given to why drivers may renew

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: