The Financial Blog

http://www.TescoCompare.com responds to the cliam from http://www.moneysupermarket.com that it is the cheapest car insurance comparison site…

Director of Partnerships and Commercial at http://www.TescoCompare.com, Paul Baxter, said:

“The announcement by http://www.moneysupermarket.com is based on biased research commissioned by http://www.moneysupermarket.com for their own ends – it is not independent as claimed and it is based on only 100 different risk scenarios. This is in stark comparison with the independent research carried out by Consumer Intelligence earlier this year, which found http://www.TescoCompare.com to provide the cheapest car insurance quote in the highest number of circumstances for the second month in a row.

“Consumer Intelligence’s research compared the top five car insurance comparison sites and looked at how often each of them delivered the cheapest quote on 2000 consumer risk profiles, 20 times the number looked at by the ‘snapshot’ Ipsos MORI research, upon which http://www.moneysupermarket.com’s claim is based. The Consumer Intelligence data is truly independent as the 2000 consumer risk profiles are the same that the Office of National Statistics uses to calculate inflation on car insurance.   What is more – further independent research from Defaqto in October last year, rated http://www.TescoCompare.com as providing ‘the best overall service to consumers’ of all car insurance comparison sites.

“We are extremely proud of both stand-alone ratings, as we have worked very hard to develop a car insurance comparison site that goes beyond the usual price comparison tool. Enabling consumers to find the right level of cover for the best price available to meet their needs is at the heart of our proposition. And on top of that the price quoted on http://www.TescoCompare.com is guaranteed to be the same or cheaper than going direct to the provider – a feature that the ‘price estimation’ sites will not be able to offer.

“We are confident that our site offers a transparent and easy way to find the best car insurance for consumers and both Defaqto and Consumer Intelligence have independently confirmed this.”

This entry was posted on Thursday, March 13th, 2008 at 11:02 am and is filed under Insurance. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.