A Car insurance broker typically has access to many unique motor insurance schemes from all the top insurers from Norwich Union to Churchill, from Cornhill to HSBC, from AXA to Legal & General. Just accepting your renewal premium from the direct writers such as Direct Line, Esure, Tesco Insurance or Virgin Insurance could cost you several hundred pounds.
The 70% increase since 1996 can partly be explained by motor insurance claims soaring by 22% from £6.8 billion in 1999 to £8.3 billion in 2002 according to the Association of British insurers.
Nevertheless, insurance premium increases have slowed to 3% in 2004. A contributing factor has been the reduction in theft claims which have halved since 1995 as car security has improved. New cars have also reduced in price by 11%. Even accidents have fallen from 231,000 in 1995 to 222,000 in 2002.
So if you want a really good deal combined with top notch service give a car insurance broker a call.
Cutting Costs