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Car insurance comparisons crucial, expert notes

Car insurance comparisons crucial, expert notes

Category: Car insurance

Updated: 26/11/2012
First Published: 12/05/2009

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.
Motorists planning to take advantage of the new vehicle scrappage scheme have been urged to carry out research before agreeing to any deals.

The government recently announced that £2,000 is to be provided to those trading in cars more than ten years old for newer models.

And esure car insurance has reminded consumers of the need to compare finance options and cover before making a decision.

Head of risk and underwriting Mike Pickard explained that drivers should "do their homework", as car insurance premiums will be affected by factors such as make, model and value.

"Motorists must make smart decisions when deciding on the right car for them and have a clear budget in mind at the outset," he said.

The advice comes after the firm found that 24 per cent of people would not get an insurance quote before making a purchase.

Recent figures from the AA indicated that the average car insurance premium rose by 1.3 per cent in the first quarter of the year.

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