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Car insurance news
26/11/2008

Bikes over cars not an option for women insurance buyers

Women insurance companies amongst others have been offering advice on how to lower motoring costs for some time.

According to their recent research, the car insurance arm of the supermarket giant Sainsbury's have revealed that over 3 million British workers now cycle to work instead of using a car or public transport, and they are making a saving £33.70 per week each according to the report.

The research also revealed that women are less likely to cycle to work than men; only eight per cent of women choose to use pedal power as opposed to 15 per cent of men.

A Sainsbury's home insurance spokesperson said, "Using a bicycle to travel around can be a very effective way of saving money.

"However, with thousands of bicycles being stolen in the UK each week, it could soon turn out to be a white elephant, costing you far more than you expect if you haven't secured and insured it properly."
When writing about the survey Cycling Weekly's reporter questioned Sainsbury's commitment to cycling as an alternative travel method to cars by pointing out the supermarket giant's policy of building car-biased out-of-town stores.

A women insurance spokesperson from CoverGirl commented, "A bicycle is a great idea for keeping fit, but we still need cars for weekly shopping trips. Trying to balance a week's worth of groceries on your handlebars is not fun or safe."

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Covergirl is the trading style of Insure The Box Limited which is authorised by the Gibraltar Financial Services Commission (registered number: FSC01082B) and also, authorised and subject to limited regulation by the Financial Services Authority (registered number: 519450). Details about the extent of our authorisation and regulation by the Financial Services Authority are available from us on request, or can be found on the Financial Services Authority website at www.fsa.gov.uk/register/

Certain administration and claims functions are carried out on behalf of Insure The Box Limited by ITB Services Limited in the UK.

Insure The Box Limited and ITB Services Limited are wholly owned subsidiaries of Box Innovation Group Limited which is incorporated in Gibraltar (Company Number: 106243) registered office: Montagu Pavilion, 8-10 Queensway, Gibraltar. Insure The Box Limited is incorporated in Gibraltar (Company Number: 102568) registered office: Montagu Pavilion, 8-10 Queensway, Gibraltar. ITB Services Limited is incorporated in the United Kingdom (Company Number: 6770929) registered office: 30 City Road, London EC1Y 2AB

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