Dated: 24 August 2010
Motorists Waste Money by Renewing Insurance Automatically
Some research was recently undertaken by moneysupermarket.com and the results seem to show that by shopping around for a better deal on your car insurance could save yourself £233.81 a year.
However, despite this fact, it seems that around 9 million motorists a year decide to automatically renew with their current provider without checking to see if there are any better deals on the market. When quizzed on why they chose to simply renew their current deals, 15% did not believe that they would be able to find a better a deal and 10% cannot “be bothered” spending their time shopping around.
Steve Sweeney, moneysupermarket.com's head of car insurance, said “It is alarming that so many motorists are prepared to waste their hard-earned cash, especially when this money could come in useful elsewhere”.
With many car insurance comparison websites on the market, it doesn’t seem to make sense to not do a little shopping around. After all it only takes a small amount of time to enter your details into a form and then search through the deals currently on offer. It seems worth it if you are gonig to be saving yourself a couple of hundred pounds.
At Blackcircles.com we have, for quite a long time now, been in partnership with confused.com. By using their online form you can quickly search and compare prices from up to 80 car insurance providers. Visit the car insurance section of Blackcirckles.com today to find out how much you could save on your car insurance.