Martin Lewis, 46, appeared on Good Morning Britain today to let viewers know the best deals at the moment. He explained how many drivers pay over the odds for breakdown cover and could save money by switching to a certain provider. Although there are lots of different providers to choose from, Martin recommended AutoAid as it has similar call-out times to the big name providers and could save drivers a lot of money. He also gave advice on how to save for those who don’t want to switch provider.
Martin Lewis: Money Saving Expert explains how to get breakdown cover for £50 a year
The Money Saving Expert said switching to AutoAid could help drivers bag breakdown cover for just £48.31 a year.
Martin said: “Think of roadside recovery and the big names that usually come to mind are the AA and RAC. But actually my top pick for a decade has been AutoAid, as it gives more cover, for a lower price and with similar call-out times.”
However, he explained that drivers must act fast as the company’s cheap deal won’t be around for long.
“Its price is about to rise, so if you want this, you’ll need to act quick,” he continued.
“AutoAid currently costs £48.31 per year, but that rises to £60 in a months’ time on 15 May.
“It covers any car you or any spouse or civil partner drives and, unlike basic policies which only cover breakdowns away from home, this covers them at home too.
“Plus it gives onward travel for up to five passengers if you need it after a breakdown elsewhere.”
Martin explained how he believes this deal is much better than the same offering from other providers.
“To put the price in context, equivalent AA cover is well over £100 – so this is a great deal,” he said.
For those who do want to stick with their current provider, Martin told viewers how they could still save some money.
Martin said: “If you really want to stick with the big firms, never just auto-renew, always haggle with them.
“The success rates for those who haggle are higher here than in any other call centre-type industry – 88 percent of AA customers and 85 percent RAC customers succeeded in haggling according to my latest poll.”
To grab the cheap deal, people just act fast and Martin warns that deals often change.
Martin said: “Deals can change quickly, even while I’m on the programme. So always double-check the terms and conditions before spending.
“Plus, while I hope these deals will save you cash, don’t spend if you can’t afford it, don’t need it, or won’t use it.”
More information on the best ways to cut the cost of breakdown cover can be found in the Money Saving Expert cheap breakdown cover guide.
Earlier this week, Martin appeared on This Morning to explain how people can claim back wrongly paid tax from PPI.
Last week, he offered advice on on how people can save £175 by switching their bank account.
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