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Customer insight dispels comparison site myth

Price is far from the only consideration, says comparethemarket.com

New research from comparethemarket.com challenges the industry perception that all insurance purchases via comparison sites are driven by price. comparethemarket.com revealed today that over a typical month, 45 per cent of its motor customers did not buy the insurance that was listed as the cheapest*.

The research demonstrates that 45 per cent of customers are considering other factors in their choice of motor insurance beyond price; whether it be level of cover, excess or key features such as warranties, courtesy cars, windscreen cover or no-claims-bonus protection.

Kal Samra, Managing Director of comparethemarket.com said: "For a long time our broker and insurer colleagues have protested that price comparison sites are commoditising the market and bringing everything down to price. But our own experience proves that this isn't the case. comparethemarket.com presents customers with a fast and easy way to look at different insurance to suit their needs - and it's clear that people are keen to compare much more than simply prices."

comparethemarket.com has been specifically highlighted by Defaqto for its transparency to customers, thanks to the level of detail provided as part of the quote process. For each insurance brand comparethemarket.com summarises the total price due, monthly payments and key details about the insurance, including special features such as add-ons and other current offers, to ensure the customer can make an informed choice.

Kal Samra continued: "It's very important to us that we offer a trustworthy and thorough service to our customers. We guarantee that they can't get a better deal by going direct to the brands that we feature."

comparethemarket.com has been adding quality insurance brands to its panel in recent months, to ensure a broad spread. More than 400 prices are now researched for every motor insurance customer.

For further information please contact: comparethemarket.com

 
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Car Insurance Renewal Time?
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Car Insurance Renewal Time?

Buying Car Insurance Online can save you quite a lot of money! Millions of British Motorists are now buying their motor insurance policies online. The biggest hurdle to buying online is understanding the basics so we here at MotoWorld have prepared a short passage about some of the good and bad points about car insurance so that you can make a more informed decision and perhaps even buy your own policy online this year.

Read the article and make up your own mind. If you are in the market for a new or used car their really is a lot of options to think about over and above the standard policy. Some of these other policies you may find popping up in conversation are insurance policies such as gap insurance and car warranties. This is very likely if you have visited a few new or used car show rooms in your area.

While you are searching the local ad traders and papers to find your new motorcar, motorcycle or van looking for that fantastic bargain price, bear in mind that it may be prudent to know..

  • The insurance group / band the model of vehicle you are considering will fall in.
  • Would you want to protect your motor vehicle from depreciation? (Gap Insurance)
  • Will the vehicle come with more than just a 3 month warranty, will the dealers offer an extended warranty and most importantly how much will this set you back?
  • Is the dealer reputable in your local area?
  • Does the car you like have a service history.
  • Will you be taking out a finance package on the vehicle.

MotoWorld would just like to remind you that great deals are available if you buy insurance direct from the suppliers as many insurers are now online specialists and as they skip the middleman you get a great price from them. Click here to compare upto 400 car insurance quotes and only fill in one form!

 


Car Warranty

Automotive warranties could seem a little expensive in the short term, but should you need to use this warranty it could save you a great deal in the long term.Buying A Used Car Warranty Need Not Be Confusing. Many used cars sold by Dealers come with an industry standard warranty of 12 months and limited mileage. Not very generous are they! If you reach the mileage limit before the 12 months is up your warranty expires in a puff of smoke. Many also have terms written into the contract relating to service requirements and these can be more costly over the contract term than your warranty cost you. The main reason being that they expect things to start going wrong with the car! How many used cars are trouble-free that you can think of. Motoworld would suggest that you find out about the reliability factor of your vehicle.

It is also a good idea to insist that your Car Warranty also include additional benefits such as 'consequential damage' cover and 'like for like' car hire, payment for accommodation should you be stranded and perhaps even continental cover (EU). These benefits provide a level of warranty cover you would expect but should not always expect to find.* *Every warranty company has different levels of cover and different packages available. You should check levels of cover individually before you buy with the provider.


Click 4 A Car Warranty Quote.

 
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