Tuesday, May 1, 2007

M&S car insurance 'comprehensive'

Some one million consumers are under the misapprehension that their insurer will provide a replacement car if theirs is written off or stolen.

New research carried out by M&S Money indicates that almost two-thirds of drivers wrongly assume that such a feature will be included in their insurance packages.

Many people whose cars were damaged or stolen say they would find it difficult to keep on the road in such circumstances, with just over a quarter having another car they could use.

Brendan Cook, chief executive of M&S Money, described the news that many people believe they will get a courtesy car as part of their insurance package as "alarming".

He described how the M&S car insurance package provides free car hire for 14 days, commenting upon the importance of shopping around for the best cover.

M&S car insurance also offers both UK and European breakdown cover for the customer.

Source : http://www.moneynews.co.uk

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