Bradford & Bingley tells women to shop more for insurance

10 January 2005
Bradford & Bingley has called for more women to shop around for car insurance.

The bank discovered that women are only half as likely to check out other options before renewing their cover.

Bradford & Bingley adds that men both shop around more and organise their shopping better.

Women are more likely to leave looking for a new quote later than men, and less likely to call five insurers if they do decide to shop around.

"Many women are missing out on substantial savings by not shopping around for motor insurance. Premiums do vary considerably between insurers so it's vital both female and male car owners do their research or visit a broker to do it for them, so as to ensure they're getting the best deal possible," said Nigel Asplin, group general insurance director for Bradford & Bingley.

Bradford & Bingley highlight the fact that the average potential saving which could be made by shopping around for a competitive quote is £130.

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