Car insurance savings through shopping around

August 22, 2007 by admin  
Filed under News, News-Insurance

Motorists ought to be “shopping around” to get the best deal, an insurance company said today.

Sainsbury’s Car Insurance said that those drivers who are “not bothering” to check out and compare several different insurance providers were missing out on savings.

According to research released by the company, one-in-five of poll respondents obtained just one quote for the last time they took out cover.

Correspondingly, 37 per cent of those who had been with their insurance provider for three years or more claimed that their premiums had gone up, with ten per cent claiming that their premiums had gone up by over one-tenth.

Car insurance manager at Sainsbury’s Lucy Hunter said: “Only obtaining one or two quotes won’t give you a clear view of the varying price comparisons out there. We recommend getting at least four quotes so that you can compare against price and level of cover and make an informed decision on what you’re prepared to spend.

“These days you can get online quotes in minutes, so it doesn’t have to be an arduous exercise.”

Tags: view, time, clear view, shopping, insurance manager, price comparisons

Related Entries

  • Motorists to save on insurance
  • Britain's motorists are being told that they can make big savings by shopping around for their car insurance.Recent figures show that the cost of owning a car is growing all the time, with Zurich recently
  • Be savvy when you shop online
  • These days a rising number of people are doing their shopping online, with many different people purchasing their groceries and household goods via the Internet. With so many shoppers trying to cope with various other
  • Car Insurance For Women
  • According to Sainsbury's Car Insurance survey, women drivers are paying less
  • Life insurance prices offer savings
  • Life insurance policy holders are wasting millions of pounds by not shopping around or sticking with their old providers, it was claimed this week. The price of life insurance has been dropping steadily in recent
  • Switching Finances Can Save You Thousands
  • Financial experts have concluded that on average Brits could enjoy saving a whopping four thousand pounds a year simply by switching financial products such as loans, savings accounts, credit cards, and mortgages to better value
  • Consumers could save money on home insurance
  • A number of studies carried out in relation to consumer trends with buildings and contents insurance have shown that a large percentage of consumers could save a small fortune on the cost of their insurance
  • Shopping around can improve “financial fitness”
  • Consumers can improve their "financial fitness" by shopping around for the best deals on mortgages, credit cards and insurance, claims one financial expert. Abbey said that there is certainly more that most consumers could do
  • Young Adults And Car Insurance
  • As young drivers enter into their twenties they may become eligible for better insurance rates. However, many drivers who were once on the same policy as their parents stick with the same insurance company when

Speak Your Mind

Tell us what you're thinking...
and oh, if you want a pic to show with your comment, go get a gravatar!