Millions of car insurance policies dumped

Mon, 29 Oct 2007

According to recent research, over nine million car insurance and home insurance policies have been dumped in the last six months. MoneyExpert.com revealed that 15 per cent of adults have switched their car insurance, and ten per cent have chosen different home insurance .

The number of insurance products changed continued to rise, according to their data, with a 1.6 million increase in the last three months. As many as 205,000 consumers change their financial services or insurance products every day.

The chief executive of MoneyExpert, Sean Gardner, reportedly commented: "Insurance has been incredibly competitive for a long time now. Just turn on your television and you’ll see scores of advertisements all claiming to get you the best deal. And with online price comparison becoming mainstream for millions of people, it’s even more likely that people will be happy to chop and change providers in search of the best deal."
add to favouritesnewsletterlink to this pagesend to friendpost comments

Link to this page

Copy and Paste the following HTML into your page.



Simplyhealth Dental Plan

Affordable cover from only £7.50 per month. Join now and get first month FREE

Health cover, life insurance and PMIProtect Your Health

Find Critical illness, Life and Private Medical Insurance PMI policies.

Save money on your mortgageSave on Your Mortgage

Would you like to save money on your mortgage? Fill out our quick mortgage enquiry form.