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Lowering car insurance premiums for under 25′s.
We will get there in the end!
Group Buying for Car Insurance!?
What do people think about the idea of group buying car insurance in the UK?
If we take the young driver car insurance market as an example, we all know that premiums are skewed for the majority by the poor driving of the minority! This system is delivering exhorbitant quotes for fully comprehensive cover for under 25′s.
It is quite possible that motor insurers would be interested in lowering premiums for members of a group with similar driving/vehicle profiles. If the group was big enough then the insurer would benefit by capturing more customers and increasing market share.
In addition we all know the power of collective repsonsibility! Meaning group members would feel more focused on maintaining good driving habits etc, for the benefit of the whole (keeping future premiums low).
Your thoughts please!
Just back from a week on the sunny Isle of Wight! Research; research; research!
Who is the leading Isle of Wight car insurance provider? Which company dominates the market on IOW? From Cowes to Ventnor, Newport to Shanklin, Freshwater to Ryde.
Is their a local broker who knows how to tap into the needs of motorists on the Isle of Wight? Do the residents go for the top motor insurance comparison sites such as MoneySupermarket or GoCompare? Or prefer a local company atuned to the requirements of motorists on the Island?
What was really noticeable was that the up-take of the Internet on the Island is still behind the UK mainland. Many residents still seek out a new car insurance provider from the BT Phonebook, or even the Yellow Pages (remember them?!) Slim chance of that happening in Guildford, Surrey!
Motorists on the Island looking for a new, competitive motor quote can check out the fast improving Quotezone comparison website.
MoneySupermarket Car Insurance
No.1 in Google UK natural listings for the search ‘Car Insurance’!
OK, so Moneysupermarket are getting the top Google rankings and driving a lot of unique visitors to their website. Without doubt a real profit booster for their business!!
Question is: Do they deliver real value-for-money motor cover, and the lowest possible premiums combined with exceptional levels of cover?
Answer: Good Question!
Well, we can see that Moneysupermarket.com claim that: 99% of consumers can save with Moneysupermarket car insurance††
A BIG claim (definitely) then!!!
One is not doubting the claim – but in what context – lets say in our opinion it’s a rather ‘vague’ claim.
Their is no doubt however that the Moneysupermarket.com website is one of the best laid out and usable car insurance comparison websites on the Internet. Average time to quote is very quick so there should not be a problem with spending endless minutes completing the quote process.
The company can also boast a terific roster of over 100 leading providers and UK insurers including: Churchill Car Insurance; The AA; Swinton; Esure; Swiftcover; LV and Admiral amongst others.
MoneySupermarket Car Insurance App
Their are great initiatives from this company too. Motorists can download a FREE copy of the new Moneysupermarket Car Insurance App for the iPhone or Android phone. This is the first free car insurance App in the UK!
We could go on………….
The bottom line is: Hop on over to their website and get a new motor quote and see for yourself whether you can save money on your new Money Supemarket car insurance quote!
†† Based on Online independent research by Consumer Intelligence during 1st October 2011 to 31st October 2011.