There are a lot of motorists who stick to the existing insurers without researching around. With the motor regeneration at its peak, study of a leading rate comparison website discloses that around 20% of the motorists renew the motor insurance with the existing insurers rather looking around with other insurers, even when a little research can let them have better bargains.
12% of these motorists are of the view that they cannot have a better deal than the existing one and additional 8% automatically renew the insurance as they do not want to bother themselves by checking out other deals to save money. Majority of motorists in Northern Ireland and East Anglia, around 28%, do not consider looking around at the time of the renewal of their policies.
Loyalty does not really benefit the motorists as by doing so they lose on to the options that can help them to save money while renewing the policy. Car insurance supermarket is one of the ways by which these motorists can save a lot of money. According to head of the motor insurance, moneysupermarket.com, it is stunning to witness so many motorists who are not ready to spend few minute in checking new policies for saving money.
A research conducted by a leading UK car insurer moneysupermarket.com has revealed that one can save around £141 by hunting the market. It is really shocking that many motorists are ready to squander the hard earned money. The study further reveals that the providers of the car insurance really count on the apathy of these motorists for reaping profits. You can avail special discounts and competitive deals by a little research while renewing the car insurance policies.
In case you are amongst the ones who think their existing policy rate cannot be beaten then also it is a matter of few minutes to ensure you have the policy that is best suited for you. A little effort of checking around and you can save a lot of money that can be invested elsewhere.
All the latest news from the car insurance world brought to you by Supermarket.com the car insurance supermarket.