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08/06/2007

Cheapest online car insurance offers a nasty surprise

Cheap online car insurance policies could be a false economy for many young drivers, the British Insurance Brokers' Association (BIBA) has warned.

According to recent findings, as many as 46 percent of 18 to 24-year-olds choose motor insurance based purely on price, without considering the quality of cover on offer. It means many are left high and dry when a cheap policy falls short of expectations.

Most are bought from online car insurance sites, as the net-savvy generation knows they boast the cheapest deals for the sake of a few mouse clicks.

According to BIBA, the problem lies in the fact that few younger customers take time to read the small print before clicking 'buy'.

"Most brokers have websites that offer choice and quotation facilities accompanied with free advice to consumers (by phone or email) before they press the buy button," said a BIBA spokesman. "This could ensure the correct cover and save young people millions."

 

 

 

 

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*A replacement car can usually be arranged under any of the following conditions:

1.Non fault accident – where we have the name, car registration number and insurance details of the person who caused the accident, we will supply a replacement car on a credit hire basis. This means the charges for this service will be passed onto the insurance company of the person who was responsible for the accident. This service may not be available where we are unable to get an admission of liability from their insurance company, or wherethe driver is unknown or uninsured.

2.If you have comprehensive insurance, a replacement car may be available under the terms of your insurance policy. Please check your policy details for more information.

3.The repairing garage may be able to provide a replacement car. This is subject to availability.


 

Young driver car insurance

Young driver car insurance