Holidaymakers Could be Paying 500% Over the Odds for Their Travel Insurance, Warns Confused.com
"While holiday insurance is a must-have, it makes little sense to pay through the nose for it."
Cardiff, UK (PRWEB) May 16, 2009 -- Buying insurance from a travel agent, rather than shopping around, could see holidaymakers paying nearly 500% more for their holiday insurance than necessary, says Confused.com.*
According to the Association of British Travel Agents (ABTA) and Datamonitor, more than one third (40%) of all travel insurance policies were sold by travel agents last year. However, in the same way that customers can shop around to make significant savings on their car and home insurance policies, they can also save money on travel insurance policies.
Steve Williams, head of travel insurance comparison at Confused.com, says: "Even if consumers choose to purchase their holiday through a travel agent, they should not feel obligated to take their travel insurance out with them too."
"While holiday insurance is a must-have, it makes little sense to pay through the nose for it, especially when shopping around for a better deal is likely to save consumers money. Price comparison sites enable consumers to trawl the market for the most suitable travel insurance policies on offer."
"Not only is the service quick, easy and comprehensive, but it also enables consumers to directly compare levels of cover. For example, a family of frequent globe-trotters heading off on a three-week safari in South Africa would require a very different policy to a family which goes caravanning in France once a year. Price comparison sites are designed to empower the user and enable them to make educated decisions about the best policies for them, in turn saving them money."
"Spending just a little bit of extra time finding the best holiday insurance deal will allow you to properly relax and enjoy your trip."
For further information please contact:
Press office, Confused.com: 02920 434 398
Joanna Harte/Gug Kyriacou, Polhill Communications: 020 7655 0550
Notes to editors
| | - Research below compiled by Confused.com
|
Confused.com - quotes accurate as at 02/05/09
Single Trip
1 Adult between 18-54 travelling to Europe for 1 week
Staysure - Medical expenses £10,000,000, Cancellation £5000, Baggage Total £200, XS £65.
Family of 4 travelling to Europe for 1 week
Simple Travel - Medical expenses £5,000,000, Cancellation £5000, Baggage Total £1500, XS £150.
Family of 4 travelling to USA for 2 week
OUL Classic - Medical expenses £5,000,000, Cancellation £3000, Baggage Total £2000, XS £65.
Annual Trip
1 Adult between 18-54 travelling to Europe
Flexicover - Medical expenses £10,000,000, Cancellation £2000, Baggage Total £1000, XS £75.
Family of 4 travelling to Europe
Protect Your Bubble - Medical expenses £5,000,000, Cancellation £2000, Baggage Total £1500, XS £100.
Family of 4 travelling to USA
Protect Your Bubble - Medical expenses £5,000,000, Cancellation £2000, Baggage Total £1500, XS £65.
Thomas Cook. Prices are available on their website and accurate as at 06/05/09. Policies compared are for 6-9 days of cover (1 week) and 10-17 days (2 weeks).
Economy, Medical expenses £3,000,000, Cancellation £2000, Baggage Total £500, XS £75.
Traveller, Medical expenses £5,000,000, Cancellation £5000, Baggage Total £1500, XS £50.
Trail Finders. Prices are available on their website and accurate as at 06/05/09. Policies compared are for 9 days of cover (1 week) and 17 days (2 weeks).
Single Trip, Medical expenses up to £5,000,000, Cancellation £5000, Personal effects £2000.
Annual Silver, Medical expenses up to £5,000,000, Cancellation £2000, Personal effects £1,250.
STA Travel. Prices are available in their current insurance brochure and accurate as at 06/05/09. Policies compared are for 7 days of cover (1 week) and 18 days (2 weeks).
Gold Standard, Medical expenses £2,000,000, Baggage £1,000, Cancellation £1,500. XS £50
1 Prices based on 2 adults at full price plus 2 children 50% discount per child aged 3-17
About Confused.com:
Confused.com is one of the UK's 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 car insurance, 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 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.
###
Post Comment:
Trackback URL: http://www.prweb.com/pingpr.php/WmV0YS1JbnNlLUhvcnItRW1wdC1IYWxmLUNvdXAtWmVybw==
|
