The unemployed are being hampered by higher car insurance premiums close to double those working. Students are also paying more than those out of work, according to a motor snapshot of policies compiled by Wales-based Comparethemarket.com . The trends discovered in the survey that the average price of a policy for someone working is £693, for an unemployed person it’s £1,162 and those in … [Read more...]
Bad experiences & higher premiums driving changes
Poor claims experiences and sky rocketing premiums are driving motorists into the hands of rival insurers. Research from comparethemarket.com reveals that over a quarter of drivers (29%) who made a claim on their motor policy went on to switch provider, predominantly because of an increase to the cost of insurance and frustration at the claims process. This switching activity is bolstered by … [Read more...]