Insurers are charging £1 extra for buying cover at the last minute , even if they have shopped around . Churchill and Esure in particular are adding hundreds of pounds to quotes for motorists who renew at the last minute . Insurers are adding new criteria to find out who is most at risk . A report by Comparethemarket said the cheapest moment was 20 days before renewal with the price rising steeply every day after that . Churchill raises the price from £ 387 ( $ 390 ) if it is renewed 21 days in advance to £ 612 on each day , while buyer ’s respective figure are £ 366 and £ 466 .
Insurers are charging motorists extra for buying cover at the last minute, even if they have shopped around. Churchill and Esure in particular are adding hundreds of pounds to quotes for motorists who renew at the last minute. Insurers are adding new criteria to find out who is most at risk. A survey by Comparethemarket said the cheapest moment was 21 days before renewal with the price rising steeply every day after that. Churchill raises the price from £387 ($509) if it is renewed 21 days in advance to £612 on renewal day, while Esure’s respective figure are £366 and £466.