UK Money News
20th May 2008
Kwik Fit and Swiftcover are UK's most competitive car insurers
Kwik Fit and Swiftcover have been named as the most consistently competitive car insurance providers in the UK.
Moneysupermarket.com collated over 12 million car insurance quotes over the last year to arrive at its findings.
It was found that the cheapest companies are Kwik Fit and Swiftcover with average premiums on car insurance of £276.74.
Peter Gerrard, head of insurance research at moneysupermarket.com, said the findings underlined that while internet based insurers can often offer cheaper deals it is still worth looking at those of more mainstream providers.
He commented: "We continue to see smaller online insurers being very nimble on price due to their lower overheads.
"However, some of the big names, such as Admiral and RAC, are committed to offering consistent good value, even though they weren't quite able to pip Kwik-Fit and Swiftcover to top spot."
Quinn-Direct and the RAC were named third and fourth cheapest by the web site with average premiums of £282.80 and £289.59 respectively.
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