Tuesday, 7 October 2014

Evidence shows 28% of people are cutting back on insurance as they can't afford it

A survey by Close Premium Finance has revealed that over the past 12 months, 28% of people had been cutting back on their insurance arrangements, because they simply could not afford it.

In addition, some 15% of people had completely cancelled a policy of  insurance cover because of costs. The most likely age group to reduce or cancel insurance arrangements were 18-24 year olds.

The vast majority related to household insurance, but motor insurance cover still accounted for 8% of the surveyed people.

According to the AA British Insurance Premium Index, the average motor insurance premium in the UK in the 2nd quarter of 2014 was £504.29

At Free Motor Legal, we believe that you can make a saving on your motor insurance arrangements without having to compromise on your arrangements.

For example, if you are typically one of the many millions of motorists who still pay your insurer around £30 a year for motor legal protection cover, you can save this immediately by joining Free Motor Legal you can immediately start to save £30 per year per vehicle that you have insured. It does not matter how many vehicles you own and whether they are cars, motorcycles or commercial vehicles, you only need to join once.

Membership is free for life and therefore you do not need to renew with us each year. Better still, you can tell your motor insurers in the future that you do not need legal protection insurance.

By joining Free Motor Legal you are essentially gaining another 5%+ saving on your annual insurance costs, almost like having an additional year of no claims discount added.

Join the thousands who have already found the benefits of not paying for motor legal protection cover. www.freemotorlegal.co.uk

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