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Martin Lewis warns drivers to beware of car insurance mistake costing Brits eye-watering sums
Money Saving Expert founder Martin Lewis has told drivers to "beware" if they pay for their car insurance using monthly direct debit, explaining that it could cost them more money
In a recent warning, the money saving expert has encouraged people to be aware of one payment method that could see them paying a lot more on their car insurance. Martin Lewis has made drivers aware of a particular car insurance payment method (Image: Instagram / Martin Lewis)“If you choose to pay by monthly direct debit, in practice what usually happens is the car insurance firm gets a finance firm to pay annually for you. With this, he encouraged people to work out the annual payment of their car insurance is, divide it by 12 and pay it off across the year.
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