Experts are calling on drivers to slash £150 off the price of their car insurance by renewing on a specific date which could help millions of Britons.
The latest data shows that the average car insurance premium between April and June 2025 set drivers back £414.
In a major boost to drivers, this is the lowest it has been since the same period two years ago, when the average premium was £371.
Costs will naturally differ depending on factors including age, location and even the policy type, with experts consistently telling drivers to be honest when applying.
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Drivers are being encouraged to make small changes to save on their car insurance costs
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Younger drivers between the ages of 17 and 24 face the most expensive costs of £779, while older drivers over 65 pay just £363 - a staggering difference of 53 per cent.
Similarly, motorists in London will pay an average of £594, while Welsh drivers are charged 43 per cent less at an average of £339.
Tom Banks, spokesperson at Go.Compare car insurance, said: "While the cost of car insurance has come down, with the cost of living still high, having to pay your car insurance bill isn't welcome news to any driver.
"But while there are factors you can't change - like your age or where you live - there are plenty of practical ways to bring down your premium. One of the simplest is when you buy."
One expert said renewing 26 days before their renewal date can save more than £150
| GETTYHe warned that leaving it until the last minute could see drivers charged a staggering 42 per cent more, while renewing early could save over £150.
Data from Go.Compare car insurance found that someone renewing their car insurance 14 days before their automatic renewal date could save £145.
Those who have prepared further in advance could see their costs fall below £400 if they renew 21 days before.
However, the largest saving is seen 26 days before the renewal date, with drivers saving 30 per cent, meaning the average cost drops by £164 to £390.
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Mr Banks provided additional guidance to motorists about how they can save money on their car insurance with simple measures.
Motorists are encouraged to be honest with the mileage, as overestimating can potentially add unnecessary costs.
Drivers should also think about what kind of policy best fits their needs. Banks said: "It often costs less to go with more cover in a comprehensive policy, than a third-party only policy."
Data shows that comprehensive cover is the cheapest option at a cost of £413, while third-party only options cost £549.
Drivers with certain job titles could be hit with higher insurance premiums | GETTYThe huge 33 per cent price increase could take drivers by surprise as TPO insurance policies offer less protection than other coverage types.
Paying annually can also help drivers cut their costs, as insurance providers will charge interest on monthly payment options.
Mr Banks concluded: "If there are multiple ways to describe your job, try them out; your premium could vary depending on which you use.
"But make sure you are truthful and accurate about your role, as misrepresenting your role could void your cover."