Confused.com finds UK drivers are divided on government's new roadworks idea

PRLog (Press Release) - Aug 31, 2011 - Confused.com has polled 2000 drivers, asking their opinions on a new idea from the UK government which could help tackle the problem of roadworks and the resulting traffic jams. The proposal suggests that utility companies could pay a 'lane rental' fee to the council if they choose to dig up the road during busy times*.

UK motorists are divided on the proposal with almost half(49%) saying it's a good plan and that they can't wait to see it happen and the other half (48%) feeling that it's not a good idea because utility companies who choose to pay the bills will pass these costs onto the consumer. The remainder were undecided.

Gareth Kloet, Head of Car Insurance at Confused.com said: "If these proposals reduce traffic jams then car owners will have something to smile about. Financially it’s been a tough few years for drivers. Consumers are paying an average of £858 for annual comprehensive cover, having seen an increase of £22 in just three months and £170 over 12 months**. Car owners really deserve a break and roads that run freely will be welcomed by anyone regularly blighted by queues.

"The 'lane rental' fees could be a good incentive for companies to complete  jobs more quickly reducing the potentially dangerous and infuriating situations that roadworks can create."

Lisa Greenfield, Energy expert at Confused.com added: "With UK energy companies having recently hiked up their prices, the last thing that customers want is any sort of extra 'tax' which may end up being paid by the customer. If this proposal goes ahead then UK households will be hoping that utility companies choose to work outside of peak hours and not pay the charges because any further hikes in utility costs would be unpleasant.".

Regionally, Londoners are most in favour of the plans with more than 52% agreeing that they are a good idea.

Notes to Editors:
The poll of 2000 drivers in the UK was carried out by Onepoll on behalf ofConfused.com and all figures have been rounded up to the nearest 1%

*See: http://www.dft.gov.uk/news/press-releases/dft-press-20110822 for more details
** Source: Confused.com/Towers Watson Car Insurance Price Index Q2 2011

About Confused.com:
Confused.com was the UK's first car insurance price comparison (http://www.confused.com/ ) site. Confused.com is one of the biggest and most popular price comparison services. Launched in 2002, it generates over one million quotes per month. It has expanded its range of comparison products over the last couple of years to include home insurance, travel insurance, pet insurance, van insurance quotes (http://www.confused.com/van-insurance ), motorbike insurance quotes (http://www.confused.com/motorbike-insurance ), breakdown cover and energy, as well as financial services products including credit cards, loans, mortgages and life insurance.

Confused.com is not a supplier, insurance company or broker. It provides a free, objective and unbiased comparison service. By using cutting-edge technology, it has developed a series of intelligent web-based solutions that evaluate a number of risk factors to help customers with their decision-making, subsequently finding them great deals on a wide-range of insurance products, financial services, utilities and more. Confused.com's service is based on the most up-to-date information provided by UK suppliers and industry regulators.

Confused.com is owned by the Admiral Group plc. Admiral listed on the London Stock Exchange in September 2004. Confused.com is regulated by the FSA.

PR contact:
Helen Beckett
Confused.com press office
Friary House
Greyfriars Road
Cardiff
CF10 3AE
029 2043 4382
www.confused.com

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Confused.com finds £4,000 average annual car insurance cost for young drivers

PRLog (Press Release) - Aug 02, 2011 - Confused.com has revealed that car insurance costs for 17-20 year olds have crashed through the £4,000 barrier, with the average 17-20 year old male now paying a staggering £4,006 per year for comprehensive cover.

This is the first time since the Confused.com/Towers Watson Car Insurance Price Index (http://www.confused.com/car-insurance/price-index) began in 2006 that average annual car insurance costs for young men have exceeded £4,000.

Bizarrely, young driver car insurance (http://www.confused.com/car-insurance/young-driver ) costs for males were around £1,000 lower if the driver is married and adds their partner to the policy."

In order to afford a £4,000 a year premium and cover the cost of running a car, the average single male would need to spend £6,500 a year - almost half of the average salary of full-time employees at this age. This effectively prices them out of the market.

Gareth Kloet, Head of Car Insurance (http://www.confused.com/ ) for Confused.com commented:  “For young male drivers it has never been more important to shop around for the best price. Our consumer research shows that 50% of under 25s could save up to £556 on car insurance* by using Confused.com. This is one way to help combat these rises.”   

The news isn’t only bad for young drivers though. The average cost of a comprehensive car insurance policy across the UK stands at £858 (as of the end of June 2011), marking a year on year rise of £170.

Despite the huge increase in the last twelve months, prices are still continuing to rise. In Q2 of 2011, prices inflated by an average of 25% compared to Q2 2010.

For more information on car insurance rises for young drivers, or to see the interactive car insurance infographic (http://www.confused.com/infographic/car-insurance-interactive ), interested parties can visit Confused.com for more details.

About the Index:
In line with the draft Office of Fair Trading (OFT) commitments on the use of competitor price data, the prices used for calculating the index has been changed from this quarter to an average of the best five quotes received on Confused.com. Prior quarter and annual comparisons in this release are made on this basis but will not necessarily match figures from previous editions of the Index.

About Confused.com:
Confused.com is one of the UK's biggest and most popular price comparison services. Launched in 2002, it generates over two million quotes per month. It has expanded its range of comparison products over the last couple of years to include home insurance, travel insurance, pet insurance, van insurance, motorbike insurance, breakdown cover and energy, as well as financial services products including credit cards, loans, mortgages and life insurance.
Confused.com has a panel of over 100 motor insurance providers. 50% of consumers could save up to £225.61 on their annual car insurance policy. Based on online independent research by consumer intelligence (June 2011).

Confused.com is not a supplier, insurance company or broker. It provides a free, objective and unbiased comparison service. By using cutting-edge technology, it has developed a series of intelligent web-based solutions that evaluate a number of risk factors to help customers with their decision-making, subsequently finding them great deals on a wide-range of insurance products, financial services, utilities and more. Confused.com’s service is based on the most up-to-date information provided by UK suppliers and industry regulators.
Confused.com is owned by the Admiral Group plc. Admiral listed on the London Stock Exchange in September 2004. Confused.com is regulated by the FSA.

PR contact:
Helen Beckett
Confused.com press office   
Friary House
Greyfriars Road
Cardiff
CF10 3AE
029 2043 4382
www.confused.com

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Confused.com reveal drivers are only swayed by price in the hunt for the best car insurance deals

PRLog (Press Release) – Jul 27, 2011 – Confused.com's latest survey has found that consumers use price-comparison sites purely because they help slash insurance bills with the minimum of hassle.

More than half of the survey's 2,600 respondents said that special offers such as cashback or vouchers had absolutely no bearing on their decision to use a comparison site. A further 40 per cent said the only kind of marketing incentive that would appeal to them was some form of discount on their premiums.

Head of car insurance (http://www.confused.com/ ) at Confused.com, Gareth Kloet, said: "When it comes to car insurance, consumers aren't necessarily loyal, so price is key. That's why using a price comparison site is so important, it gives drivers the opportunity to compare not only price but a range of features. So you can either opt for the cheapest or the best value for money. With Confused.com, the price you see is the price you pay."

When it came to choosing an insurer, three-quarters of consumers said the only thing that would cause them to switch providers was a cheaper price.  Around 15 per cent said they would move to a new company purely because it was a trusted brand, while just 9 per cent said they would switch if the new insurer offered extras such as free breakdown cover.

Unsurprisingly, price was the number one reason respondents gave for using price-comparison sites – more than 90 per cent cited this as a major factor in using these services, and 40 per cent also said they appreciated the fact the sites saved them so much time in their search for the best value cover.
About Confused.com (http://www.confused.com/ ):
Confused.com was the UK's first price comparison site for car insurance. Confused.com is one of the biggest and most popular price comparison services. Launched in 2002, it generates over one million quotes per month. It has expanded its range of comparison products over the last couple of years to include electricity prices, home insurance (http://www.confused.com/home-insurance ), travel insurance, van insurance, breakdown cover and to compare utilities, as well as financial services products including credit cards, loans, mortgages and life insurance.

Confused.com is not a supplier, insurance company or broker. It provides a free, objective and unbiased comparison service. By using cutting-edge technology, it has developed a series of intelligent web-based solutions that evaluate a number of risk factors to help customers with their decision-making, subsequently finding them great deals on a wide-range of insurance products, financial services, utilities and more. Confused.com's service is based on the most up-to-date information provided by UK suppliers and industry regulators.

Confused.com is owned by the Admiral Group plc. Admiral listed on the London Stock Exchange in September 2004. Confused.com is regulated by the FSA.

PR contact:
Helen Beckett
Friary House
Greyfriars Road
Cardiff
CF10 3AE
029 2043 4382
www.confused.com

View the original article here

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Confused.com sees 2000% surge as customers flock to save money on energy

PRLog (Press Release) – Jul 14, 2011 – A surge in energy prices announced by British Gas within the last few days has prompted a 2000%* jump in visits to comparison site Confused.com as customers rush to save money. People are flocking to the price comparison site to find the best deals and avoid the price hikes.

Confused.com Chief Marketing Office, Mike Hoban said: "At a time when utility suppliers are reporting record profits and massive price rises, consumers are voting with their laptops and looking for the cheaper deals."

Confused.com also offers popular hints and tips on how to reduce energy used around the house, as well as an impartial comparison service which makes it easy for people to shop around and save on gas and electricity bills.

British Gas is the second of the Big 6 to announce gas and electricity price rises. Gas prices (http://www.confused.com/gas-electricity/gas-prices) are set to increase by an average of 18%, electricity by an average of 16%, effective from 18 August 2011. This increase means around £190** will be added to the average household bill for the customers affected.

Lisa Greenfield, energy analyst at Confused.com commented on the price rises: "Struggling households will be dismayed by this news, and as British Gas is the largest supplier in the UK, many families will be hit hard."
Notes to Editors:
*Source: Confused.com week-on-week internal statistics
**£190 = Based on standard tariff prices at average annual consumption of 16,500 kWh for gas and 3,300 kWh for single rate electricity, is an average across all regions and payment methods.
About Confused.com:
Confused.com was the UK's first price comparison site for car insurance. Confused.com is one of the biggest and most popular price comparison services. Launched in 2002, it generates over one million quotes per month. It has expanded its range of comparison products over the last couple of years to include electricity prices (http://www.confused.com/gas-electricity/electricity-prices), home insurance (http://www.confused.com/home-insurance), travel insurance, van insurance, breakdown cover and to compare utilities (http://www.confused.com/utilities), as well as financial services products including credit cards, loans, mortgages and life insurance.

Confused.com is not a supplier, insurance company or broker. It provides a free, objective and unbiased comparison service. By using cutting-edge technology, it has developed a series of intelligent web-based solutions that evaluate a number of risk factors to help customers with their decision-making, subsequently finding them great deals on a wide-range of insurance products, financial services, utilities and more. Confused.com's service 1916331769  is based on the most up-to-date information provided by UK suppliers and industry regulators.

Confused.com is owned by the Admiral Group plc. Admiral listed on the London Stock Exchange in September 2004. Confused.com is regulated by the FSA.

PR contact:
Helen Beckett
Friary House
Greyfriars Road
Cardiff
CF10 3AE
029 2043 4382
www.confused.com

View the original article here

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