YouGov survey: one in three think about changing car insurance

CHECK24 SL

YouGov survey: one in three think about changing car insurance

Munich (ots)

  • 41 percent of consumers think their car insurance is too expensive
  • Auto insurance premiums for existing customers increase by more than ten percent on average
  • 61 percent believe that they can find the best deals through comparison portals on the Internet.

Nearly one in a third think about changing car insurance. This was the result of a YouGov representative survey of decision-makers (co-)responsible for car insurance questions.1) This means that consumers’ desire to switch is 25 percent higher this year than it was last year. previous. In 2021, just under a quarter of those surveyed were considering switching car insurance.

One possible reason: 41 percent of respondents who are (co-)responsible for car insurance consider their current insurance to be too expensive. 81 percent of those who are willing to switch say they want to save money with a new insurance contract. A quarter of consumers who want to switch want better insurance benefits.

“Many policyholders feel that their car insurance is too expensive,” says Michael Roloff, Managing Director of Motor Vehicle Insurance at CHECK24. “This sentiment is not misleading: on existing contracts, we are currently seeing strong premium increases averaging more than ten percent, so switching insurance will be worthwhile in many cases.”

Survey: 61 Percent Believe They Can Find The Best Deals Through Internet Comparison Portals

When switching insurance companies, consumers rely on online comparison portals. 61 percent of those surveyed believe they find the best deals through comparison portals. 33 percent trust direct contact with the insurance company and 21 percent trust the insurance broker.

When it comes to buying car insurance, comparison portals can also convince. 58 percent of respondents are in favor of a conclusion through a comparison portal. For comparison: 40 percent would conclude the contract directly with the insurance company, only 24 percent with a classic (offline) broker.

CHECK24’s 300 experts provide advice on all aspects of car insurance

CHECK24 insurance experts will advise you personally by phone, chat or email on all matters related to motor vehicle insurance. In addition, CHECK24 customers are supported by our chatbot 24 hours a day in many matters related to the service. In your personal insurance center, customers manage their insurance contracts, regardless of who they have contracted with. You benefit from automatic price and service checks and can easily optimize your insurance coverage and save at the same time.

1) Source: YouGov. The data used is based on an online survey conducted by YouGov Deutschland GmbH on behalf of CHECK24, in which 2067 people participated between October 21, 2022 and October 24, 2022. The results were weighted and are representative of the German population aged 18 and over. Net base: Respondents who are (co-)responsible for decision-making in matters related to motor vehicle insurance (1,607).

About CHECK24

CHECK24 is the largest comparison portal in Germany. The free online comparison of numerous providers creates constant transparency and customers often save several hundred euros when switching. You can choose from more than 300 car insurance rates, more than 1,000 electricity providers and more than 850 gas providers, more than 300 banks and credit brokers, more than 350 telecommunications providers for DSL and mobile communications, more than 10 000 affiliated electronics, home goods and auto tire stores, 300+ car rental companies, 1,000,000+ accommodations, 700+ airlines, 75+ package tour operators and service providers around 70 categories have the right offer for you. Use of the CHECK24 comparison calculator and personal customer advice seven days a week is free for consumers. CHECK24 receives remuneration from providers. C24 Bank also belongs to the CHECK24 Group. CHECK24 is based in Munich and is represented at 18 other locations in Germany.

CHECK24 supports the EU quality criteria for comparison portals

Consumer protection is the highest priority for CHECK24. Therefore, CHECK24 actively participates in the application of uniform European quality criteria for comparison portals. The EU Commission’s list of principles “Key Principles for Comparison Tools” contains nine recommendations for objectivity and transparency, which CHECK24 complies with on all points, including classifications, market coverage, currency of data, customer reviews, ease of use and customer service.

Press contact:

Maria Trottner, Public Relations, Tel. +49 89 2000 47 1174, [email protected]
Daniel Friedheim, Director of Public Relations, Tel. +49 89 2000 47 1170, [email protected]

Original content from: CHECK24 GmbH, transmitted by news aktuell

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