Why you shop around each year for car insurance.

If you're not checking around for car insurance each year, it can cost you quite a bit. Today I checked around for car insurance for a Mazda CX5 (2015) for a person over 80.

Coles: $1,198.16

Woolworths: $2,544.33

Woolworths drive less pay less: $1,701.69

Insured for $20,100

Excess $800

AAMI: $1,108.75

Excess $800

Market value

RACV: $1,747.02

Excess $825

Market value

As you can see the premiums can vary considerably from one car insurer to another by over $1,400. Coles was the cheapest last year but now it's around $90 cheaper than the cheapest car insurance.

Kelvin