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News Tag: Gocompare.com

January 4, 2010

Brits downbeat about economic future

by David Masters
Brits downbeat about economic future
The majority of UK consumers believe the recession will continue for most of 2010, a new study has discovered. Research by Gocompare.com found 52% of Brits think the UK economy will remain in recession for most of the year ahead. A further 29% said the recession will continue until at least 2011. Just 19% expect the economy to come out of recession early this year. Younger ...



May 1, 2009

Premium hikes to ‘infuriate’ motorists

by David Masters
Premium hikes to 'infuriate' motorists
Premium hikes on car insurance will leave motorists 'infuriated', a price comparison site claimed this week. Gocompare.com said insurers are raising premiums by record amounts due to soaring claims costs and increased insurance fraud. Hayley Parsons, Gocompare.com chief executive, said: "These increases are likely to infuriate drivers when they are passed on via their renewal quote." She added: "Those drivers who simply accept their renewal ...



March 11, 2009

Car insurance switching more fruitful than ISAs

by David Masters
Car insurance switching more fruitful than ISAs
Looking for the best available car insurance deal is more cost effective than investing savings in a Cash ISA, price comparison site GoCompare.com claimed yesterday. British motorists are wasting up to £1 billion per year on unnecessary insurance costs by not taking the time to compare prices, GoCompare.com's research found. One in five (19%) drivers renew their current policy without bothering to ...



January 30, 2009

Comparison sites mislead on excess

by David Masters
Comparison sites mislead on excess
Consumer advice group Which? has criticised several price comparison websites for failing to provide customers with accurate information. Which? investigators examined six of the most popular price comparison sites, and found that on some sites, car insurance quotes were given with a different excess to what the customer asked for. Some websites, including Gocompare.com, altered the customer's chosen excess to return cheaper quotes. When ...