News

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.

• 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.

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

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

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.

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 500^th 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;