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MoneySavingExpert Adds Price Impact Indicators and Benchmark Quotes to Compare+ Car Insurance Tool

The site urges motorists to shop around and time their quotes as prices remain 40% above 2021 levels despite a 10.5% fall over the past year.

Overview

  • The updated tool flags how each answer affects premium levels through new Price Impact Indicators to help users make informed choices.
  • Users see an instant benchmark drawn from MoneySupermarket’s comparison, with prior MoneySupermarket details auto-filled due to the platforms’ shared group.
  • Guidance includes when to get quotes before renewal and tailored tips such as paying annually, increasing voluntary excess, adjusting job titles legitimately, adding an experienced named driver, and bundling policies.
  • MSE says drivers should not accept renewal quotes without checking alternatives, noting that even a renewal that is 5% cheaper can often be beaten.
  • A reader testimonial cites a £350 annual saving using the tool, as MSE highlights market data from Consumer Intelligence showing recent price declines from multi‑year highs.