Changing car insurance provider can seem like a hassle, which is why we've gathered a few details you might want to keep in mind for a smooth transition.
If you already have an insurance in the UK, but would like to switch insurance provider for whatever reason, it's always good to keep your No Claims Bonus in mind. The No Claims Bonus, or No Claims Discount system is used in Great Britain to reward good drivers. For each year you drive without making a claim, you earn one year NCB. Insurers usually give substantial discounts based on your No Claims Bonus.
This is where it gets tricky, as you would only get the additional year NCB at the end of a whole year. Hence, when you consider your alternatives, it might be worth checking when your claim-free year is due to finish, in order to get the best price on your next insurance.
If you come from outside the UK, you might want to consider an insurer who recognises foreign licences, and takes into account proofs of claim-free driving from all over the world! Get a quote at Marshmallow, it only takes 2 minutes.
Once you've considered all your options, and feel ready to switch insurance provider, you'll need to organise the transition, to ensure your car will stay on cover.
If you'd like to understand how insurance premiums are calculated, head on to our article about What makes a car insurance expensive.
At Marshmallow, we want to make insurance as accessible as possible, especially for foreigners living in the UK. This is why we have cut our fees to the minimum. We don't charge any administration fees. Ever. And whatever the reason of your cancellation, we would always refund you on a pro-rata basis, and you would only pay for your days on cover. We would only add a small cancellation fee if you cancel outside of the cooling-off period, only to compensate for the costs we incur. Click here to get a car insurance quote from us!