Cheap car insurance news
14/09/2007

DD could put up woman car insurance by 22%

Choosing the direct debit option could mean that ladies are paying more than they have to for their woman car insurance, according to an online car insurance comparison site.

MoneyExpert.com, which provides information and advice on a range of financial matters as well as comparing car insurance quotes, is warning motorists that motor insurance companies' insurance rates tend to be on the high side when paying off a policy in monthly instalments.

This means that when a woman car insurance customer chooses to pay by direct debit instead of one lump sum, she could be effectively upping her motor insurance quote by as much as 22%.

Whilst a small number (1 in 12) of UK insurers do offer direct debit payment options without extra costs or interest, the vast majority make their customers pay through the nose for the luxury of spreading the cost of their motor insurance across the year.

MoneyExpert.com suggests that drivers explore the option of paying via credit card instead, making sure to take advantage of any introductory interest-free discounts on the market.

 

 

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*A replacement car can normally be arranged under one of the following conditions: (1) Comprehensive policyholders – a replacement car may be available under the terms of your insurance policy. Please check your policy details for more information. (2) Non fault accident – where we have the name, car registration number and insurance details of the person who caused the accident, we can supply a replacement car. This is done on a credit hire basis which means the costs for this service will be passed onto the insurance company of the person who caused the accident. We may not be able to arrange a replacement car where we are unable to get an admission of liability from their insurance company, or where the driver is untraceable or uninsured. (3) Repair garage – if your car is booked in for repairs following an accident, the repair garage may be able to provide a replacement car (subject to availability).



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