With the cost of living continuing to rise and the average annual cost of car insurance reaching £586, many people will be looking for methods to reduce this expense. From enhancing security to seeking rewards, the car insurance experts at Confused.com share their tips on how to get cheaper car insurance: Don’t accept your renewal price - Many factors affect the price of car insurance. In … [Read more...]
GoCompare says young drivers fail to check payments
Research by GoCompare car insurance revealed there’s still a lack of understanding about motor insurance and excesses. Just over 2000 people took part in the survey which found that just 28% of motorists check their excess levels when taking out a policy: 36% of motorists said they just go for the cheapest price when they’re buying a policy, and when it came to younger drivers – those aged 18-34 … [Read more...]
Insurance terms are baffling to drivers
One in seven UK adults admit they have no understanding of how excesses on insurance policies work, says GoCompare car insurance. Of the 2000 people who were interviewed as part of the research, a fifth – 21% - also said they don’t understand or are not sure of the difference between compulsory and voluntary excess when asked by the UK comparison site. A further 41% claimed to only have … [Read more...]