Insurers accused of using high excesses to mask rising car insurance costs.
Insurers accused of using "excessive excesses" to hide car cover costs, as premiums rise. Motorists searching for more affordable car insurance should be cautious of a marketing trick that makes deals appear cheaper than they are. Steep excesses bring down the headline policy cost, but can leave drivers owing more than they can afford in the event of an accident. Insurers vary the voluntary excess range from £100 to £3,000.
April 08, 2024
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