moneysupermarket.com urges car insurance customers to find best deals

Thu, 07 May 2009

Those who choose to pay their car insurance via monthly instalments may be paying more than they need to, according to price comparison website moneysupermarket.com.

Car insurance companies charge their customers for the facility of monthly payments and those who choose this option can expect to see an average 10.02 per cent price difference on their premiums, said the site.

However, moneysupermarket.com has advised that this difference can be reduced by around 50 per cent if customers pay for their car insurance monthly instalments on a zero per cent purchase credit card .

Steve Sweeney, head of motor insurance at the site, said: "There are a number of zero per cent purchase cards on the market for up to ten months, so if you are eligible, you'll only pay for the original price of your policy."

A recent report by the AA suggested that car insurance customers are paying higher costs for cover due to a record rise in prices.
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