General Insurance Article - Married, Single or Divorced - Who Saves the Most Money?


 MotorQuoteDirect has released a downloadable White Paper that charts the research they carried out revealing whether married, single or divorced people get the best motor insurance quotes.

 The research looks at the average price of car insurance for different Marital Statuses along with four years worth of car insurance data and the percentage of claims that were made by each demographic within Marital Status.

 Joe de Vries, of MotorQuoteDirect, has been explaining: "The purpose of the research was to genuinely find out whether married people get the cheapest quotes. It's what everyone suspected and so it's not a great surprise to see that the findings from our research have confirmed this. What is surprising, however, is that divorced people, generally, receive the highest quotes."

 Joe went on to suggest that the reason for this could be that divorced people tend to make more claims compared to other Marital Statuses. Whether this is just a coincidence, or whether there is a more factual reason to why this is the case, we simply do not know. The data collected however does certainly show that divorced people make the most claims, and as a direct result, they've historically received the highest car insurance quotes.

 MotorQuoteDirect is a part of Bedford Insurance Services and has been an established car insurance company for many years now. This is just one example of the studies that MotorQuoteDirect have carried out. If you would like to download the White Paper, it's been published on the MotorQuoteDirect website. Simply visit the site to download the research as a PDF file.

 In addition, if you'd like to request a motor insurance quote, then please do not hesitate to visit the MotorQuoteDirect website today for a quick and simple quotation process.
  

Back to Index


Similar News to this Story

Sleighing the risks by giving Santa the insurance he needs
While you might be the most magical employer in the world, we know that even you aren’t immune to the risks of running a global delivery service! From
Diversity improving in insurance and long term savings
Key figures from the Association of British Insurers’ latest Diversity, Equity and Inclusion (DEI) data collection highlight the work of insurers and
Almost a third of homeowners have been victims of burglaries
Research commissioned by Co-op Insurance reveals that almost one in three (29%) homeowners have been the victims of theft from their home. The member-

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.