British motorists need to be aware of exactly what their ‘fully comprehensive' car insurance will cover them for, and shop around for the best priced policy for their needs, says
moneysupermarket.com.
The comparison site analysed a sample of comprehensive
car insurance policies and found they can vary by around £30 a year for exactly the same level of cover.
The research also found motorists might not be covered for everything they think they are. The analysis found some policies may not include cover for emergency accommodation or legal cover - opting for these extras could add at least another £70 to the annual premium price.
"Millions of motorists braved harsh driving conditions on the roads this winter, and further cold weather is forecast to come,” said Peter Harrison, car insurance expert at
moneysupermarket.com.
“Hold ups and breakdowns on the road are much more likely in cold, snowy and icy conditions. If you have fully comprehensive cover, so you don't get caught out, scour the small print with a fine-toothed comb to ensure your policy has the level of cover you need - exclusions can be commonplace.
"For those drivers looking to take out a new car insurance policy and seeking peace of mind, especially for the winter weather conditions, checking the small print is essential to ensure you opt for a policy that ticks all the necessary boxes. Consider the extra costs you may end up paying for additions such as breakdown cover.
"It's been an expensive festive season for many of us, and with the VAT hike now in full force we'll all be watching our outgoings closely.
“However, our research shows it might not always be the best option to opt for the cheapest cover possible. If you end up forking out for added extras you might end up paying over the odds at the end of the day.
“It really does pay to shop around and do the research in order to find the right
car insurance policy for you at the best price."
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