According to car insurance company Swiftcover.com, car buyers in the UK could be wasting over £1.9 billion on their car insurance every year, simply by failing to shop around and find the most competitive deal.
The 08 plate change is likely to be one of the busiest days of the year, with consumers and car dealers expecting a surge of new vehicle purchases. Consumers are already being warned to shop around for car finance, and the new swiftcover report says that the same is true of car insurance .
Those motorists that stick with the same insurance company year on year, the firm say, could be wasting lots of money. The marketing director of swiftcover, Tina Shortle, was reported as commenting;
"With household bills rising ever higher, it seems crazy that UK consumers should willingly waste over £1.9 billion by sticking with the same old insurer year after year."
Billions wasted on car insurance
Financial Services > Car lnsurance > News
Billions wasted on car insurance
Mon, 03 Mar 2008
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