The typical life story of a casco policy: it gets taken out once, and then nobody looks at it for years – while the car ages, extras get added, use changes and the market moves. The annual fifteen-minute check is designed precisely to catch this quiet drift before it matters – and it can happen that it pays off on the premium side too, though a common outcome is also that everything just stays as it was.
- The five checkpoints: the car's current value, the deductible structure, whether extras and use are up to date, the add-ons, and competing quotes.
- The best timing is the weeks before renewal – that's when there's still room to amend the policy or switch.
- When your circumstances change (a new driver, more mileage, moving, a new extra), it's worth checking mid-year too.
The fifteen-minute routine
1) Value: what is the car worth on the market today? – value tracking. 2) Deductible: does the current structure still fit your use and your budget? – choosing your deductible. 3) Extras and use: is everything on the car also on the policy? – extras, reporting a change of details. 4) Add-ons: do you still need all of them, and is anything missing? 5) Competing quotes: where does the market stand for the same scope of cover? The tick-box version: annual checklist.
When is this more than routine?
In three situations, checking becomes essential: if the car's value has shifted meaningfully (ageing or a market swing), if use has changed (a new driver in the family, commuting, the company-versus-private line), and if the policy is an older generation – terms may have been updated since. In these cases, renewal is the natural decision point: amending the policy or switching, moved together with your MTPL cover.
What do I take on here?
The renewal check-in: if you let me know before the anniversary, I'll prepare the comparison – but a calendar reminder of your own is also a good safeguard. After the review, there are three possible outcomes: everything's fine (that's a result too: well-founded peace of mind), a targeted adjustment – to the deductible, an add-on, the value – or a competitive comparison. The advice is free; the decision, as always, is yours.
When did your casco policy last get a renewal check? You can catch up on it in a 20-minute conversation. book a free 20-minute consultation →
