According to a comparison site named Gocompare.com, the British drivers could have saved a lot of money in the previous year if they had opted for switching the credit card companies and home and car insurance providing companies. Recession led to many people cutting costs in a number of household tasks and people preferred not switching companies due to the panic of recession. The number of people who have not switched companies has reached almost 20 million.
In the first quarter of this year, people have to focus more on cutting costs and they could have done that if they would have changed companies of car insurance and other insurance types. Almost 41% people have done this and this is one of the reasons they are not able to save money. In the last 12 months, they have not changed. What is to be done is that they should make use of the car insurance comparison sites and find out the best insurance policies for them.
The cost of living has gone up in the recent years and this is one of the reasons why everyone is looking forward to cut costs. People have been worried about their finances but are making a mistake by not switching the companies. The average savings each day for a person can go up to £211 if the people start comparing the car insurance quotes and find the best insurance policies. Switching to cheaper policies is an intelligent decision and if people do not do this, it is their mistake. This fact has also been brought out by Gocompare, which is one of the leading comparison sites.
Get low cost insurance when you use car insurance comparison sites online to compare insurance quotes.