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Loyalty and Car Insurance Do Not Match Terms

Loyalty is something that we all are taught from our childhood. However, when it comes to car insurance, loyalty stands no chance. A latest research states that car insurance is one among the areas where loyalty does not often bring the best results. With the current economic status of the country, it is likely that people have been trying to compare car insurance in order to find better insurance deals for their cars. As the insurance sector dangles with alternating circumstances, the existing insurance quotes do not offer the best solutions. As a result, drivers have been overlooking their existing insurers to find feasible solutions.

A recent poll conducted among 2,494 consumers by a prominent company shows that close to 60% of the driving population would prefer to find a lower cost insurance policy than that of their existing ones. Besides, the results also show that this percentage of the drivers also saved an average amount of £58 when they compared car insurance quotes. Furthermore, another 30% of the participants believed that they would gladly stick with their current car insurance providers, as they did not to wish to compare car insurance from the different providers.

The chief executive of the company stated that the UK drivers should show an inclination towards regular comparison of the insurance quotes, a practice that will help them to gain a better deal. Rather than sticking to the existing insurer, it will be of best interests to compare insurance quotes for locating one that would serve them better to the purpose. Make sure that you do not immediately accept the stated initial price when it comes to insurance policy renewal. It is likely that you will be able to find a better insurance quote with a different insurer, even if there are minimal differences.

Some of the policies do not cover the legal costs, as well as the costs pertaining to personal injuries, in which they must be avoided. Make sure that you compare the insurance quotes for a better premium as well as for getting a better deal.

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This entry was posted on Thursday, August 26th, 2010 and is filed under Auto Insurance. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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