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Brits with debt problems could save money on car insurance

Brits with debt problems could save money on car insurance

- Wednesday, 13 April 2011

Drivers, including those with debt solutions, may want to insure any vehicles that they own on separate policies.

That is because some motorists with more than one car may be paying too much on a multi-car insurance policy.

Such are the findings of swiftcover.com, which found that a multi-car policy can cost 29 per cent more than insuring two cars on separate policies.

If consumers insure their cars separately, they could find that they save money which could then be put towards clearing debt problems.

SarahVaughan, motor director at the online car insurance firm, said: "It is easy to assume that multi-car discounts must offer the best value, but it's clearly not the case for everyone.

"It may be slightly easier but is it really worth paying hundreds of pounds over the odds? These figures show that no matter what discounts are offered it is best to shop around."

Brits could use a price comparison site to shop around for car insurance as they list the majority of the policies on the market but it may be wise to use more than one of these sites, suggested an article in the Daily Telegraph.
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