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Card Payment

Why car insurance premiums will continue to rise in 2020

GoCompare explores the five key inflationary pressures set to impact prices this year

Traffic

Car insurance: The most switched financial product of the decade

GoCompare calls for action on renewals to ensure benefits of switching continue    

  • “The Decade of Switching” - 8 out of 10 UK consumers switched provider for at least one financial product in the 2010s
  • Over half of UK adults (56%) switched car insurance provider in the last decade;
  • 39% didn’t switch any of the most common financial products in last 12 months.
Traffic

Revealed: £544m** – the cost of paying monthly for car insurance

  • Paying monthly adds £55.36** to the average motor insurance policy;
  • Young drivers could see up to £257 added to their premium;
  • Instalments add 11.8%* to the cost of car insurance, on average;
  • Study reveals paying monthly can add between 6.8% and 17.7% to your premium.
Traffic

Revamp renewal process now: GoCompare calls for action to reduce the impact of loyalty penalty for insurance customers

GoCompare comments on the FCA’s super-complaint update and offers five-point plan on auto-renewals

Motorway

Winter warning as 16m* drivers report incidents on the road involving animals

Research reveals over half of all drivers have hit or had a near-miss with animals on the road

Traffic

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

Cash at home

Only 43% of Brits will start the new decade with their finances in good shape

  • 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.
Ski Holiday

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

Phone Driving

Illegal taxi warning: GoCompare issues Christmas lifts warning following illegal taxi reports

People offering lift services on social media will not be covered in the event of an accident

Plane

GoCompare takes steps to improve holiday comparison service

Lee Griffin, CEO, and founder of GoCompare, said:

Go Compare

GoCompare becomes first comparison website to join Cifas

  • 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
Motorway

GoCompare data* reveals young driver car insurance costs are falling

Revealed: The 10 cheapest cars to insure - experts name the ten cars which could reduce new driver premiums by up to a further 35%