Customers arranging car insurance through GoCompare are set to benefit from financial assistance aimed at reducing the cost of making a claim, as part of an innovative campaign to raise awareness of insurance excesses. GoCompare Car Insurance is giving away free £250 excess cover to every customer who buys a qualifying car insurance policy. Customers who need to make a claim on their car … [Read more...]
Comparison websites’ activities exposed
The AA has given a cautious welcome to the Competition & Markets Authority final report on its investigation into digital price comparison tools, including price comparison websites. Comparison sites, which charge a fee to insurers, often have restrictive clauses that limit insurers’ ability to discount premiums on other sales channels. This leads to a focus is on policy price, rather than … [Read more...]