Money Saving Experts has revealed when to renew your car insurance for the biggest savings (Image: Getty)

Financial experts have revealed the exact way to renew your car insurance to achieve significant savings. This strategy could potentially reduce costs by a "massive" £1,371 on average.

Car insurance remains a legal requirement for driving on British roads. As a minimum, you need third party coverage, providing protection if you cause an accident that results in damage or injury to another person, vehicle, animal or property.

Whilst it represents a necessary expense that can help with costs when things go wrong, it may feel like a substantial drain on your finances. Thankfully, there are steps you can take to secure the most affordable premium possible.

According to experts at Mo

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