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Compare Car Insurance to Avoid Expensive Mistakes
2011-12-28
December 28, 2011, Press Dispensary. A survey carried out by Sainsbury’s Finance has revealed that failing to shop around and review car insurance policy documentation in detail is costing Britons tens of millions of pounds each year.
The banking arm of Sainsbury's supermarket group found that UK motorists are collectively paying out a staggering 73 million pounds every year due to inadequate cover, with many finding that their car insurance policies will not cover them for expenses related to accidents, lost keys and other incidents.
These findings support advice recently issued by comparison site Tiger.co.uk. It is reminding shoppers to make sure that things such as theft of items from vehicles are covered within insurance policies, particularly now that drivers may be filling their cars with presents for the festive season.
Findings from the Sainsbury’s survey revealed that many shoppers admitted to shopping around for the cheap car insurance rather than researching policies in detail and making sure that they are adequately covered. Seven per cent of those surveyed admitted to having to pay out for courtesy cars following an accident after finding out that it was not being offered as standard by their insurance provider.
A spokesperson from popular car insurance comparison site Tiger.co.uk commented; "We always advise people to shop around and use a site like Tiger.co.uk to compare car insurance in detail. What might seem like a cost saving when you buy could turn out to be a false economy if you ever have to make a claim. When choosing a car insurance provider it is really important to compare policies on a like-for-like basis; selecting car insurance on price alone could have expensive consequences. We provide a tool on our results page which allows shoppers to select up to 6 different policies and compare car insurance details such as whether a courtesy car is provided, or whether you get legal cover, side by side. It is worth taking the time to use this type of feature to make sure you are making an informed decision when purchasing a policy.”
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Notes for editors
About Tiger.co.uk:
Tiger.co.uk is a trading name of Call Connection Ltd. Tiger.co.uk is a UK based, independent car insurance comparison site, offering insurance quotes from over 140 motor insurance brands. Call Connection Ltd is authorised and regulated by the Financial Services Authority (number 308374).
FOR FURTHER INFORMATION PLEASE CONTACT
Jo Buck, Tiger.co.uk
Tel: 01473 418513
Email:
Site: www.tiger.co.uk
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