Cashback success: saving 30%/£100 on car insurance

Here’s how I saved over £100 on our car insurance. Think of it as a humble brag but it’s something that you can do too and start saving your own money!

GFF is not a big fan of insurance. It has its uses but I believe in self-insurance where possible (and prudent), insuring your washing machine or mobile phone is likely to be a waste of your money. However you legally need car insurance if you have a car and in our household we have two. I don’t like them but they are useful – one thing I don’t like is the multitude of costs and insurance is one of those.

Since I need insurance, my (and everyone’s) next step should be to find out what you need and the cheapest way to procure it. This is a combination of money spent and your time spent. It can be a faff trying to find out all prices and comparing them and if you can save 50p but it takes you an extra hour of your life – is it worth your while? So here’s GFF’s procurement process for car insurance.

Step 1. Create a simple spreadsheet

In this spreadsheet include columns like “source, “provider”, “premium”, “discount” and use this when you get quotes so that you can keep a track of which is your best option and to keep things simple and clear.

Step 2. Use Quidco compare

Unlike the big name comparison sites, Quidco compare includes cashback discounts meaning the referral fees are paid to you instead of that singer guy with the mustache or the mildly offensive/annoying desert rodent.

Filling out the form is a little time consuming but if you have the information at hand (car number plate, driving license details, previous accidents, NCB…) it shouldn’t take too long. Make a note of your best prices in your spreadsheet.


Step 3. Run some sensitivities (but don’t get bamboozled!)

I’ve found that since the Lady and I both own cars it can be cheaper for us to be joint drivers on both cars rather than named drivers on each other’s cars. What’s the bloody difference? About £50 cheaper each it seems – and I’m not making this up. Areas to check are things like allowable mileage per year, breakdown cover, legal cover, overseas cover and your voluntary excess?

How much is your voluntary excess £50, £250, £1000? Changing things like this means you can save money. I’ve found that increasing your excess by £100 saves you about £3 to £5 on your insurance. Do you feel lucky? I reckon that it’s a fairly priced trade-off. Personally I go as high as I can and save the money. I have the emergency fund to pay for nasty surprises (an extra £500 ain’t going to bankrupt me) and I reckon that they’ve worked out that the odds are balanced. The high excess might put you off claiming and if you total your car it is extra money that will cost you – and it’s an area where your insurance provider can make a bit more money out of you

Keep a record of your results and put in your spreadsheet.

Step 3. Compare 3 other Companies + your top picks from before

silver and gold coins

I choose 3 big name suppliers that have the discounts on TopCashBack or Quidco. This would be the likes of DirectLine, Aviva or Churchill. They don’t generally appear on Quidco Compare and if they do it might be cheaper to go direct.

Why 3? Because I don’t have all day, if the lowest/best price is already pretty good, then I’m unlikely to find a better deal elsewhere, after all Time = Money. Also entering your personal data can be a pain in the ass.

Once you have these three sets of prices (because you may end up with basic, plus and premium cover prices, all with different cashback amounts – like for Aviva below through Quidco) – you should know who you want to go with and what type of cover you want. Now comes the clever part:

Aviva car insurance.PNG

Step 4. Call your current provider

Your car insurance provider will have probably given you a renewal quote that is a rip-off. Call them up and tell them that you are going to leave them for So&So Insurance unless they can match or beat your renewal price (including cashback) of £XXX. That will normally give you an easy yes or no. There are advantages to keeping the status quo – less paperwork for one.


Using this recently I managed to get a great price with Aviva and with a bit of tinkering, saved money about £50 on the renewal on what would have been my renewal and got £52.50 in cashback too. The same process last year for the Lady’s insurance saved us about the same. Overall it’s an over 30% saving or over £100. With Aviva, I was even able to pay monthly by credit card meaning my cash flow is better and I save even more.  

It’s a relatively simple process that you can use to save money consistently on what is a relatively large outlay. We spend about £450 a year on car insurance and my brother spends over £1000 – so getting the right deal at the right price is very important. By applying this process every year, we’ve saved at least £100 every year. I’d also encourage you to sign up to Quidco and TopCashBack to avail of the cashback on offer. It’s a simple way to make your money work harder.



Please note there are afliliate links in this article. These are for your benefit and you’ll be helping me if you click through and sign-up.




  1. We check our insurance costs every second year.

    We’ve stuck with the same car firm for ages; their service has been so good that a competitor would have to offer a pretty substantial cost reduction to be considered seriously. In particular we’ve liked the ease, and cheapness, of adding and subtracting extra drivers, and the excellent response from their breakdown service.

    On house and contents insurance I’m not sure what to do. I have suggested to my wife that we simply do without contents insurance but she seems reluctant to. On house insurance, what happens if your new insurer refuses responsibility for – say – subsidence, alleging that it must have happened under the earlier insurer?


  2. I go through this process each year. last year Aviva wanted £200 which wasn’t bad. However, I then got a quote for £150 through a subsidiary of ….. Aviva. With regard to house contents insurance, if you buy less stuff there is less to insure so we generally “self insure” by putting money aside in case of an issues.


  3. Nice walkthrough. I use Quidco and Top where I can. However, maybe I’m a bit dumb but I find Quidco really opaque – it’ll say ‘up to £x cashback’ but when you click T&Cs or look around for details it will often have no mention of how much you need to spend to get that amount and where the price points are. Do you find this?


    1. I agree – it can be a bit hit or miss and maybe there is missed cashback or sometimes unwarranted cashback like i recently got 64p for using skyscanner but never bought any flights – can’t complain.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s