One car owner, named only as Ruth, has revealed how she used a tip from money-saving expert Martin Lewis to slash her car insurance bill by £270. Many Brits are now following Martin's advice to avoid sudden price hikes and potentially save hundreds of pounds.
Locking in insurance bills
Martin Lewis had urged Brits to check if they could lock into their insurance bills for a year, to avoid any unexpected price increases. He warned that prices could rise by a staggering 41% and recommended using an online comparing tool to find cheaper alternatives.
£270 saved with Compare+ tool
Ruth noticed that her car insurance was going up by around £200, so she decided to follow Martin's advice. She used the Compare+ tool and managed to save an impressive £270 on her insurance for the year. Another driver, Kerstin, saved over £700 using the same tool.
More money-saving advice from Martin Lewis
Martin Lewis regularly shares money-saving tips with the British public. He recently provided guidance on finding the best deals on toys ahead of Christmas and how to save on skincare products at Boots. He also revealed the bank account offering the best interest rate and gave new recommendations on managing finances amidst the rising cost of living.
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