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Car Insurance. The Internet forces prices down.
The cost of car insurance is falling due to the impact of Internet only insurance brokers. In the second half of 2005 the { mortgage rates } average premium fell from £470.17 to £462.15 { Bad credit loans } with drivers over the age of 65 seeing the biggest savings. During the last six months of last year, their average premium fell 4.5% from £342 to £347.
Commentators credit these falls to the effect of competition from the Internet. But research has shown huge differences { medical insurance } in premiums between providers. { loans } Differences of 40% are common between the cheapest and most expensive quotation. It seems that this message has not got through to many motorists { mortgages } as half of them automatically renew their insurance with their existing insurer - whilst a further 19% only bother to get one competitive quote. |
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