It can be so easy to ignore advice about comparing insurance prices and just stick with the company that you always use. However, it is amazing how much money you could actually save if you change the company that you are with. You might find that with some types of insurance the savings are greater than with others.
With life insurance you will find that as you age the cost will go up. There is no getting away form this but it could be that the price will increase less with some companies compared to others and so it is still worth comparing and seeing whether you can do better. The good news about car insurance is that as you age you will find that the premiums go down as drivers tend to be safer as they get older. You may find therefore that when you renew your premium will reduce but you could still find that it is cheaper elsewhere.
It is therefore wise to compare insurance every few years. You may not be wise to go with the cheapest possible company and you need to make sure that you are comparing like for like so that the reason it is cheaper is not because it is given you less for the money. Just make sure that you keep a careful note of what company you are with so that if you do need to make a claim, you know who you need to claim from.
You could save a significant amount of money each year if you can reduce the cost of your life insurance, car insurance, house insurance, contents insurance, pet insurance and health insurance. These savings could mean that you can more easily make ends meet, save more each month or start paying more money in to pension.