Our look at UK car insurance
prices
If your focus - in terms of
your desired choice of UK car insurance - is on the relative prices of
numerous quotes, then you're likely to want to use a car insurance
comparison system to find your cover. There's no other way to compare
car insurance quotes from hundreds or perhaps thousands of policies.
So, if finding a low price is very attractive to you, then you are
likely to see a price comparison site as the resource of greatest use
to you. Certainly, most people nowadays seem to take this view as price
comparison sites are highly popular.
And yet, if you ask people that have renewed their cover via a price
comparison site what they've actually just bought, most of them will
only be able to tell you how much they've saved while admitting that,
in fact, they really have little or no idea of what the cover of their
new policy looks like. Simple but important things like how big the
excess is, whether the no claims bonus is protected, whether there are
any courtesy car arrangements and so on, will, in most cases, be a
mystery.
However, this is no trivial oversight, that is, the failure to
investigate the policy features. People are perhaps blissfully unaware
that the more popular price comparison sites become, the more that the
market responds by developing more and more budget policies that are
very thin in terms of their cover and generally have inflated excess
payments.
It isn't helpful to learn only when you need to claim that your policy
choice was poor. Frankly, you don't have to look at the policy schedule
of quotes that are cheaper than thousands of others to know that such
polcies leave a lot to be desired and, in fact, are best avoided.
If to buy the cheapest is a mistake and you need to check out the
policy before purchase, it quickly becomes apparent that most price
comparison sites are inadequate tools for an efficient and informed
choice of cover.
As most of the above is obvious, it is unclear why the UK public are so
keen to buy inferior car insurance products as found on price
comparison sites.
This writer works full time in the insurance industry and always buys
direct from well-known car insurance providers in order to get a
quality product at an economic price. That is despite offering price
comparison services on his commercial websites.
To check out top car insurance providers, this insurance
supermarket is a good resource to use.
|