Car insurance comparison sites have been facing a new problem with the insurance customers that they claim has been one among the top reasons for increasing the insurance premiums. It has been seen that often the insurance customers do not pay much heed to the breakdown cover when it comes to their insurance. It has been found out by Metro that the police officials have been doled out millions in pounds in order to recover the vehicles from accidents and breakdowns. The amount goes to their pockets as the ‘administration fees’ which means that you are in a way helping out officials with your money.
The act works flawlessly as these hidden costs are passed onto the insurance customers who have no clue. This addition of costs usually comes when you need to pick up your car from the recovery depot. Furthermore, this can also be added to the insurance premiums of the customers that they have to pay without any other choice. The math is simple, when the insurance company has to pay out, it makes sure that the customer has its share of pay as well. This means that insurance companies are in a way responsible for the rising insurance premiums. It has been noted that the police of West Midlands have earned a huge amount of £662,275 in the last year alone just by reporting about 24,891 vehicles from recovery depots and accidents.
This allows the insurance companies to recover the vehicles at a faster rate than before without having to worry about the third-party insurance which is often dubbed as a costly and frustrating exercise. This is probably one among the reasons why insurance seekers should compare the car insurance comparison sites in order to find out the best company for themselves. It will help them in having a lower insurance premium without having to handle the hassles.
Get low cost insurance when you use car insurance comparison sites online to compare insurance quotes.