The aim of insurance – whether its car, home, business or travel insurance – is to mitigate risk and protect you and your assets from any unforeseen circumstances. There are thousands of providers on the market; the question is: are you receiving the cover you need?

If your insurance renewal is soon, it pays (quite literally) to set some time aside to review your current insurance. Even if you don’t realise it, your circumstances are changing all the time and just one small change could have a huge impact on cost.

Not only can reviewing your insurance save you money, but it will also help you to determine whether you are receiving the right level of cover for your needs. If you automatically renew your policy without second thought, you might not be adequately covered and therefore exposed to a number of potential risks.

Carrying out a review of your insurance doesn’t just involve comparing quotes online. There are a number of other factors, such as:

  • How often do you review your insurance? Ideally, a review should be carried out a couple of months before renewal, so that you can assess your needs/requirements.
  • Are you confident that your insurance is competitively priced? Though all policies are unique to the policyholder, there’s no harm in researching average insurance costs.
  • How much have your circumstances changed since your last renewal? As mentioned, one change could make a huge difference to the cost of your premium.

If you’re reviewing your home insurance policy, consider the following factors:

  • Similar to business insurance, flooding is not typically included on a standard home insurance policy. But, with floods affecting many parts of the UK this winter and with more wet weather to come, it’s something you should consider protecting yourself against.
  • Have you made changes to your home? If you’ve extended, for example, the extension may not be covered on your current policy.
  • Have you recently bought expensive items? If so, they’ll need to be accounted for on your contents insurance if you want to protect them.


Lastly, if your car insurance is due for renewal, answer the following:

  • Have you changed your job since the last renewal? Occupation affects premiums and your insurer should be notified, regardless of whether or not you drive to work.
  • Are all drivers listed on your policy, or are there any drivers that you need to remove?
  • Have you recently customised your vehicle?


Setting time aside to review your insurance policy a couple of months before its up will help to ensure you’re getting the right cover for the right price.

Once you’re done reviewing your renewal premium, get in touch with Jukes Insurance Brokers for your competitive quote or to make us aware of any changes. We’ll be happy to compare the market on your behalf, saving you time and money.

Published On: August 21st, 2018 / Last Updated: August 21st, 2018 /

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