Car Insurance/ Annual Review

[RRones]

Morning All

Trying to get sorted ahead of the dreaded annual review time. Its my 1st one so want to get it all sorted so it can run as sweet as possible.

My question is i pay my Car insurance monthly the insurance runs out in November which is when my annual review will take place but the payments will stop next month as i paid 2 month worth when i 1st took the insurance out. What do i put on my I&E as i wont know what the new payment will be. Do i just put what the only payment was ??

Im with GT so if Karol wanted to make her 1st post regarding a question if not its fine just need a little advise from anyone really

Thanks

[kallis3]

I would think that you would have had your renewal by then, if not then you could always phone them up and ask for it.

[RRones]

Hopefully yeah but i was told i would get all the paperwork in September to fill out and sent off.

If they ask for bank statements no car insurance payment will show

[Broke of London]

You could always ask for the renewal quote and put that down or pit down your current expenditure.

[Tomoose]

Worst case scenario just leave the monthly allowance as per your original income and expenditure. You will only normally need to justify things where you are asking for an increase in allowance.

[Broke of London]

These things really are a snapshot in time. I always put down expenditure as at the day I'm filling in the form. But I know some people are more forward-looking.

[RRones]

Ah ok

Its my 1st time i will be doing it. The only increases i have are food and petrol gas electric etc but im sure that pretty much everyone at the min

[kallis3]

I think we will all have that to worry about come our reviews. At least the interesy rate has stayed the same.