General Insurance Article - Married, Single or Divorced - Who Saves the Most Money?


 MotorQuoteDirect has released a downloadable White Paper that charts the research they carried out revealing whether married, single or divorced people get the best motor insurance quotes.

 The research looks at the average price of car insurance for different Marital Statuses along with four years worth of car insurance data and the percentage of claims that were made by each demographic within Marital Status.

 Joe de Vries, of MotorQuoteDirect, has been explaining: "The purpose of the research was to genuinely find out whether married people get the cheapest quotes. It's what everyone suspected and so it's not a great surprise to see that the findings from our research have confirmed this. What is surprising, however, is that divorced people, generally, receive the highest quotes."

 Joe went on to suggest that the reason for this could be that divorced people tend to make more claims compared to other Marital Statuses. Whether this is just a coincidence, or whether there is a more factual reason to why this is the case, we simply do not know. The data collected however does certainly show that divorced people make the most claims, and as a direct result, they've historically received the highest car insurance quotes.

 MotorQuoteDirect is a part of Bedford Insurance Services and has been an established car insurance company for many years now. This is just one example of the studies that MotorQuoteDirect have carried out. If you would like to download the White Paper, it's been published on the MotorQuoteDirect website. Simply visit the site to download the research as a PDF file.

 In addition, if you'd like to request a motor insurance quote, then please do not hesitate to visit the MotorQuoteDirect website today for a quick and simple quotation process.
  

Back to Index


Similar News to this Story

LMA publish two new model profit commission clauses
The Lloyd’s Market Association (LMA) has published two new model profit commission clauses suitable for use on binding authority agreements across all
Stay vigilant as theft from person crimes surge
New data shows theft from person crimes rising sharply including a 118% jump in Waltham Forest. With phone snatching and pickpocketing on the rise, in
Insurance advice for those affected by Storm Floris
If your property has suffered damage as a result of storm force winds: Contact your insurer as soon as possible. Most will have 24-hour emergency help

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.