Fairinvestment.co.uk reveals Brits are bargain hunters when it
comes to car insurance
Released
on: July 21, 2008, 6:47 am
Press
Release Author: Fair
Investment Company
Industry:
Financial
Press
Release Summary: A new survey from Fairinvestment.co.uk has found
that price is everything to shoppers when it comes to finding
car insurance
Press
Release Body: New research from Fairinvestment.co.uk
has found that price is everything for its users when it comes
to shopping for car insurance. The research involved asking users
what the most important aspect is when shopping for car insurance.
57
per cent of the Fairinvestment.co.uk
users who were questioned said that price was most important to
them, and the level of cover was considered less important with
only 19 per cent of the vote. The research also found that a courtesy
car is paramount to 5 per cent of those who voted.
Of
equal value to voters in the poll, with 2 per cent each, was breakdown
cover, a discounted rate for partners, a low excess and a protected
no claims bonus.
The
study also found that some aspects of car
insurance are of no interest at all to Fairinvestment.co.uk
users. For example, cover for driving other cars received no votes
whatsoever and, surprisingly, none of those questioned were bothered
about a no claims discount, despite the fact that a maximum no
claims bonus could save drivers a considerable amount.
An
important aspect for one participant was a lack of overseas call
centres, a feature that has caused controversy in the past. Another
user appears to have missed the point, stating having a car as
the most important aspect of shopping for car insurance.
Commenting
on the findings, director of Fairinvestment.co.uk, James
Caldwell, said: "Motorists should be careful
choosing their car insurance by price alone, the cheapest car
insurance is not always the best and there are other aspects to
be taken into consideration.
"I
would advise anybody shopping for car insurance to compare deals
not just on price but also policy features, some of which may
be outlined in the small print."
Mr Caldwell advised.
- Ends -
About
Fair Investment
www.fairinvestment.co.uk, is an independent online
finance portal, providing financial
comparison tools, news, reviews and information on a wide
range of financial products and services, including insurance,
credit cards, mortgages, loans, savings and investments.
Fair
Investment Company is a leading internet player that
sees 400,000 unique users per month, sells over £5 billion
worth of mortgage enquiries and is a Hitwise 100 Banks and Financial
Institutions site.
Web
Site: http://www.fairinvestment.co.uk/
Contact
Details: For further information, contact:
Rebecca Sargent
Fair Investment Company
Staff Writer
Media Centre
20 The Mall
Clifton
Bristol
BS8 4DR
Tel: 0117 9335507
Fax: 0117 9335509
www.fairinvestment.co.uk
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