Never accept the first price that you’re offered when buying personal finance products. I’ve saved £120 in less time than its taken me to write up this blog post.

I received a car insurance renewal quote from Norwich Union this morning for £340 (excess £350). I headed straight to moneysavingexpert and sought Martin Lewis’ guidance on getting the best car insurance renewal deal.

Lewis suggests seeking quotes from MoneySupermarket, GoCompare, Confused and Comparethemarket. Collectively these sites scrape 83 per cent of the market. If you want to survey 100 per cent Lewis directs you to insurers that aren’t covered by the comparison sites.

Comparethemarket found the best deal. £230 (excess £250) buys a comprehensive policy including a courtesy car, windscreen cover and cover when driving abroad.

20 minutes well spent.