Brits put car before car insurance, research shows

Fri, 17 Aug 2007

Millions of British motorists are likely to purchase a new vehicle without first obtaining a car insurance quote to see how much it will cost them, a study has shown.

Research from car insurance provider esure.com found that more than a third of British drivers would fall into this trap, potentially leaving themselves in financial difficulty when policy payments arise.

In addition, 43 per cent of respondents would not even take the time to find out what car insurance group their new wheels fall into - which the company warns can seriously impact upon premiums.

Colin Batabyal, director of underwriting and business development at esure.com, said: "It is crucial for all motorists to do their research before stepping on the forecourt and be one step ahead of the salesman."

He added that Britons could save thousands of pounds off the cost of a new 57 plate vehicle if they are savvy when it comes to price, car insurance and finance deals.

Financial services advice company uSwitch recently said that Britons are likely to waste a collective £175 million by applying for the wrong car finance deals next month.

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