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Revamp renewal process now: GoCompare calls for action to reduce impact of loyalty penalty for insurance customers
GoCompare comments on the FCA’s super-complaint update and offers five-point plan on auto-renewals
- Over a third (35%) of UK adults urgently need to reduce their outgoings in 2020;
- Key targets for reduced expenditure include food shopping, TV subscription services, utility bills, and insurances;
- GoCompare shares five pain-free savings tips for the New Year.
A winter warning! – GoCompare research finds that less than 1 in 5 annual multi-trip travel insurance policies include winter sports cover as standard.
Skiers and snowboarders are urged to check their cover as they take their winter trips
People offering lift services on social media will not be covered in the event of an accident
Lee Griffin, CEO, and founder of GoCompare, said:
- GoCompare, one of the UK’s most established comparison websites, has joined Cifas, as an official member.
- The membership marks the 500th for Cifas
- This membership builds on GoCompare’s existing efforts to tackle fraud, having joined as members of the Insurance Fraud Bureau (IFB) in May
Revealed: The 10 cheapest cars to insure - experts name the ten cars which could reduce new driver premiums by up to a further 35%
- GoCompare Car Insurance warns thousands of motorists could be driving uninsured after buying ‘too-good-to-be-true’ car insurance;
- Unsuspecting victims face serious consequences including disqualification from driving or a criminal record;
GoCompare offers advice and highlights the four main policy changes affecting those traveling to Europe post Brexit.
UK-issued EHICs will cease to be valid overnight in the event of a no-deal Brexit
GoCompare Travel Insurance warns people planning to go abroad that regardless of whether a Brexit deal is struck or not – travel insurance is essential.
- GoCompare Car Insurance warns that young drivers’ lack of understanding could leave them at risk if they need to make a claim;
- New free excess protection policy1 will pay-out up to £250 for qualifying* car insurance claims. The offer aims to raise awareness of excesses which are among the least well-understood aspects of insurance.
Loyalty penalty: Majority of drivers are not seeing messages introduced over two years ago about the importance of shopping around