Watchdog: buying around for cars and truck insurance coverage
everybody understands the only method to get a fair offer on your cars and truck insurance coverage is to shop around. as well as 85 per cent of respondents to our chauffeur Power 2012 owner survey stated they did precisely that when searching for cover.
What amazed us, though, is exactly how numerous of those who searched for a less expensive offer didn’t handle to save any type of money. True, 72 per cent of chauffeur Power respondents cut their premiums by buying around – however provided the huge cost savings comparison sites promise, we believed the proportion would be better to 100 per cent.
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So we chose to do some digging, getting quotes from comparison sites Confused.com, Comparethemarket.com as well as Gocompare.com, plus direct from big-name insurers direct Line, LV as well as much more Than, to see exactly how much we might save.
We searched for quotes for a fictional married 38-year-old guy living in Hertfordshire with 10 years’ no declares discount rate on a new Ford focus 1.0-litre Zetec.
The comparison sites returned extremely similar quotes. Gocompare came up with £273.63 from an insurance provider called OneQuote Direct. Comparethemarket provided us £277.06 from Allianz as well as Confused provided £279.99, likewise from OneQuote Direct.
Most purchasers will be searching for a brand they recognise as well as trust. as well as interestingly, Allianz was the only supplier we’d heard of in the top 10 quotes from any type of of the comparison sites – although we wouldn’t necessarily think about it a major UK cars and truck insurer.