Confused.com reveals an extra £4bn is being spent on life insurance by UK men

Tue, 24 Apr 2012 16:58:01 GMT

Confused.com has revealed that men across the UK are paying far more for their life insurance than women. Currently, men are paying an average of 26% more per policy, per year than women. The average British male will incur additional life insurance costs of £1,366 over their lifetime which equates to a shocking national figure of £4bn being paid. To make matters worse, Confused.com revealed that 1 in 4 men admit they never shop around for anything better.

The research also revealed that many people spend longer considering the purchase of a holiday or a car than choosing life insurance, with 54% of men saying a new car is a more important. The top reason for not having life insurance is because people don't feel they need it (28%), and more than 1 in 4 of the UK are put off by the cost. Over 1 in 5 of people haven't purchased life insurance because they don't understand what it’s for.

Despite recent research showing that the majority of people (55%) feel worse off than in 2007 it appears that they're not taking adequate measures to cut their costs. Over 1 in 4 policy holders confess to buying the first policy they come across, with men more likely to buy the first policy than women. It appears that people are reluctant to help themselves, as 40% of people don’t take advantage of price comparison websites when looking for life insurance quotes.

With the March 2011 European Court of Justice ruling taking effect from 21 December 2012, insurers will no longer be able to charge different prices for men and women when it comes to insurance. It is unlikely that men who already have a fixed policy will see any reduction in price.

So, making the effort to find a new or better value policy will become more important than ever as these changes begin to take place, but the research reveals that this might not come naturally to men, 65% of whom have never changed their life insurance provider.

Across all aspects of their lifestyle men generally don't like shopping around, with an overwhelming 78% of those surveyed admitting to buying clothes without trying them on first, compared to only 25% of women. At Christmas men constantly fail to get the best bargain, with 39% of women shopping for presents from January onwards, compared to nearly 1 in 5 (19%) of men who leave it until the week before, resulting in inevitable overspending.

Matthew Lloyd, head of Life Insurance at Confused.com said: "Life insurance doesn't seem worth the effort to many men, however they could be saving money by shopping around. Life insurance is about allowing your family to maintain their lifestyle if you were no longer around, and shopping with a price comparison site means you can compare prices from major providers in one place allowing you to find a good deal. The difference between men and women’s premiums means it’s even more important for men to make sure they’re getting the best deal possible."

-ENDS-

About Confused.com:
Confused.com was the UK's first price comparison site for car insurance. Confused.com is one of the UK’s biggest and most popular price comparison services. Launched in 2002, it generates over one million quotes per month. It has expanded its range of comparison products over the last couple of years to include dedicated insurances such as holiday home insurance and learner driver car insurance, as well as financial services products including credit cards, loans, mortgages and over 60 life insurance.

Confused.com launches Facebook app that burgles houses

Mon, 16 Apr 2012 15:36:59 GMT

Confused.com has launched a Facebook video app called 'House of Horrors' in order to raise awareness of the importance of home insurance, coinciding with the launch of Confused.com's Nectar campaign, where customers can collect 1,000 Nectar points with every home, pet, van, bike and car insurance policy bought through Confused.com. Customers who buy life insurance will receive 3,000 Nectar points.

The app clearly shows why people need home insurance and customers can collect 1,000 Nectar points by simply buying this product through Confused.com.

The app, which was created by A Social Media Agency, forms part of the on-going digital content marketing strategy of Confused.com and reinforces the importance of having a home insurance policy in place to make sure your possessions are covered against theft.

Once plugged into the video app, Facebook users are presented with a video of a burglar breaking into a home which they quickly realise is in fact their house shown through a Google Maps image of their street that is displayed in the clip. This is made possible as users are required to enter their postcode at the beginning.

The video app takes information from users' profiles, such as photos, and places this around the house in which the burglar appears to be, to make them feel as though it is their own.

In order to demonstrate the need for home insurance, the app includes eerie music and a threatening 'burglar' character that is seen to be handling photos of the app user around the house. A shot of the thief stealing a laptop that displays the users' Facebook profile and one last shot of the character holding a photo frame containing an image of the user completes the video, with the message ‘cover your possessions at Confused.com’.

Speaking about the video app, Mike Hoban, Marketing Director at Confused.com, said: "We're looking to spark conversation with this video app and make people understand the importance of having home insurance. With the current challenging financial times, people may stop insuring their possessions just to save a few pounds, but this is false economy."

Sharon Flaherty, Head of Content at Confused.com continued: "The integration of information from users’ profiles, especially their photos, is bound to make people feel uneasy as though their home really has been broken into. However, this is a situation which is very much a reality given that the British Crime Survey reported a 5% rise in burglary in the 12 months to September 2011."

Laura Edwards, Account Manager at A Social Media Agency, added: "We wanted to make the experience of users having their home broken into as real as possible. Building Google Maps into the start to show their street was a big part of this, immediately putting you on edge."

Known for their success at combining PR, social media and digital marketing, Confused.com continue to launch original ideas, such as their first video-only newsletter sent earlier this month and the recent Happy Birthday Video App. Social media has become a focus for the company in 2012, with exciting plans to focus on growing their audience in coming months.

The 'House of Horrors' app can be found at https://www.facebook.com/confused

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Confused.com was the UK's first price comparison site for car insurance. Confused.com is one of the UK’s biggest and most popular price comparison services. Launched in 2002, it generates over one million quotes per month. It has expanded its range of comparison products over the last couple of years to include home insurance, travel insurance, pet insurance, van insurance, motorbike insurance, breakdown cover and energy, as well as financial services products including credit cards, loans, mortgages and life insurance quotes.

Confused.com reveals men pay more for life insurance

Wed, 11 Apr 2012 11:08:23 GMT

Confused.com has revealed that men across the UK are paying far more for their life insurance than women. Currently, men are paying an average of 26% more per policy, per year. To make matters worse, Confused.com reveals that a shocking 1 in 4 men never shop around for anything better.

Matthew Lloyd, Head of Life insurance at Confused.com, said: "Men complain that women take too long shopping, but men need to learn from women if they want to get the best deals - on life insurance, but also day to day items too."

According to evolutionary psychology, men and women's shopping behaviours are adapted from the traditional roles of men being hunters and women being gatherers. Men, the hunters, locate their item as quickly as possible, whereas women, the gatherers, spend time analysing the different items in order to get the best deal.

Men fail to get the best bargains especially at Christmas, with 39% of women shopping for presents from January onwards, compared to nearly 1 in 5 (19%) of men who leave it until the week before, inevitably overspending.

When clothes shopping, half of UK men (50%) take less than an hour to buy an outfit, whereas the majority of women (89%) actually take up to 5 hours. An overwhelming 78% of hunter men admit to buying clothes without trying them on first, compared to only 25% of women.

As a quarter of men (24%) default to their favourite shop, 48% of women shop around, before making their final (and best) purchase online or in a sale. This is because the single-minded hunter men don't like going from shop to shop - 42% buy their groceries in one store, compared to nearly half (49%) of gatherer women who go to several shops, seeking out the best deal.

When it comes to shopping in the sales, men's aversion to shopping means that they are already lagging behind women's eye for a bargain, with 23% of men preferring to shop in the sales compared to 31% of women.

Whereas nearly 1 in 3 men don't shop around for life insurance, there is one thing that they do shop around for: a car. Over 54% of men think that a car is the most important purchase to bargain hunt for, whereas the majority (32%) of women believe that it's a holiday that matters most. This is because hunter men prefer bigger 'catches'. Hundreds of years ago this would have been an antelope for dinner, these days it's a car.

Matthew Lloyd, Head of Life Insurance at Confused.com continued: "Men are happy to spend the time shopping around for lifestyle purchases they perceive as important, such as a car or television, but comparing life insurance quotes doesn't seem worth the effort for many. However, they could be saving money by doing so."

About Confused.com:
Confused.com was the UK's first price comparison site for car insurance. Confused.com is one of the UK's biggest and most popular price comparison services. Launched in 2002, it generates over one million quotes per month. It has expanded its range of comparison products over the last couple of years to include specialised insurances such as learner driver car insurance, holiday home insurance and over 60 life insurance.

Confused.com has developed a series of intelligent web-based solutions that evaluate a number of risk factors to help customers with their decision-making, subsequently finding them great deals on a wide-range of insurance products, financial services, utilities and more. Confused.com's service is based on the most up-to-date information provided by UK suppliers and industry regulators.

Confused.com is owned by the Admiral Group plc. Admiral listed on the London Stock Exchange in September 2004. Confused.com is regulated by the FSA.

Confused.com reveals UK households wasting £1.7 billion by not switching home insurance providers

Wed, 07 Mar 2012 09:47:46 GMT

Confused.com has revealed that UK households are wasting on average £1.7 billion* a year because they "can't be bothered"** to switch home insurance providers.

According to the latest Confused.com research, which surveyed homeowner's attitudes to switching insurance providers, 73 per cent stated that they have home insurance, but a surprising 34 per cent said they had never switched home insurance provider.

In fact, 70 per cent said they had been with the same provider for two years or more, potentially missing out on an average saving of £95.26*** per year just by switching home insurance providers. Collectively, UK households could be wasting £1.7 billion by not shopping around to get the best deal.

32 per cent of those surveyed say they haven't switched providers because they can't be bothered while 29 per cent say their current deal is so good there is no point switching.

22 per cent of homeowners are under the illusion that switching home insurance is too complicated. However, with 66 per cent of people saying they would be willing to switch home insurance if they could save money, it's not really affordability that should be questioned but inertia and people's attitudes towards switching.

Gareth Kloet, Head of Home Insurance at Confused.com, said: "We are a money saving nation, however most of us still aren't making the effort when it comes to getting insurance for our homes. At Confused.com home insurance customers could save money on their insurance premium.

"Shopping around can not only ensure the best value for money, but can also prompt homeowners to ensure they have the right level of cover. Levels of cover can vary between providers so check everything you want is covered and then select a policy that meets your needs. It's worth doing this on an annual basis or after a big purchase to make sure you've got the right cover at the right price - loyalty doesn't pay and you may be able to find better cover at a lower price."

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Notes to editors:
*42.26% of customers saved an average of £95.26 between January and December 2011. Average for unique customers where renewal price and new premium is under £5,000.
There are 25million households in the UK (figures provided by Ofgem), therefore 25m x £95.26 = £2.3bn (approximately).
From Confused.com's research 73% stated they have home insurance, therefore £2.3bn x 73% = £1.7 bn (approximately). Therefore the UK households could save approximately £1.7bn by switching.
**The survey of 2000 homeowners was completed by OnePoll.com on behalf of Confused.com. February 2012

About Confused.com:
Confused.com was the UK's first price comparison site for car insurance. Confused.com is one of the UK's biggest and most popular price comparison services. Launched in 2002, it generates over one million quotes per month. It has expanded its range of comparison products over the last couple of years to include cheap home insurance, car insurance for 17 year olds, business car insurance and life insurance.

Confused.com is not a supplier, insurance company or broker. It provides a free, objective and unbiased comparison service. By using cutting-edge technology, it has developed a series of intelligent web-based solutions that evaluate a number of risk factors to help customers with their decision-making, subsequently finding them great deals on a wide-range of insurance products, financial services, utilities and more. Confused.com's service is based on the most up-to-date information provided by UK suppliers and industry regulators.

Confused.com is owned by the Admiral Group plc. Admiral listed on the London Stock Exchange in September 2004. Confused.com is regulated by the FSA.

Confused announce £1000 giveaway when purchasing home insurance

Tue, 06 Mar 2012 16:17:07 GMT

Confused.com is offering £1,000 to spend on household bills to four lucky people who get a home insurance quote through the price comparison site during March.

The giveaway comes on the back of recent Confused.com research which found that 34 per cent of homeowners admitted that they have never switched home insurance provider*. This is despite the fact 70 per cent of Confused.com home insurance customers could save money on their home insurance premium**.

To motivate people to shop around for a better deal, four lucky customers who get a quote on home insurance in March through Confused.com will be randomly selected to win £1,000 to spend on household bills.

Gareth Kloet, Confused.com Head of Home insurance said: "We wanted to say thank you to those people who are looking to get home insurance through Confused.com, by giving them a chance to win £1,000.

"As we all know, money is a topic of much discussion and many people can't afford to buy those essentials for the home, or even pay some bills. Therefore at Confused.com we wanted to give our customers a helping hand. Not only by saving them money by using our comparison site but by also giving them the chance to win £1,000 to spend on things they need.

"We want people to be aware that they could save hundreds of pounds on their home insurance just by shopping around for a lower quote. 22 per cent of homeowners are under the illusion that switching home insurance is too complicated*** but by using a comparison site like Confused.com it means that we do the hard work for them."

Notes to editors:
* The survey of 2000 homeowners was completed by OnePoll.com on behalf of Confused.com. February 2012
** 73.9% could save, 10% of customers saved at least £229.10 against their renewal price (July - Dec 11)
*** The survey of 2000 homeowners was completed by OnePoll.com on behalf of Confused.com. February 2012

About Confused.com:
Confused.com was the UK's first price comparison site for car insurance. Confused.com is one of the UK’s biggest and most popular price comparison services. Launched in 2002, it generates over one million quotes per month. It has expanded its range of comparison products over the last couple of years to include cheap house insurance, mini car insurance, student car insurance and energy, as well as financial services products including credit cards, loans, mortgages and life insurance quotes.

Confused.com is not a supplier, insurance company or broker. It provides a free, objective and unbiased comparison service. By using cutting-edge technology, it has developed a series of intelligent web-based solutions that evaluate a number of risk factors to help customers with their decision-making, subsequently finding them great deals on a wide-range of insurance products, financial services, utilities and more. Confused.com’s service is based on the most up-to-date information provided by UK suppliers and industry regulators.

Confused.com is owned by the Admiral Group plc. Admiral listed on the London Stock Exchange in September 2004. Confused.com is regulated by the FSA.

Confused.com launches 'Swap Store' film starring Keith Chegwin

Fri, 10 Feb 2012 10:08:15 GMT

Confused.com, one of the UK's biggest and most popular price comparison services, has revealed a short online film featuring former 'Swap Shop' host Keith Chegwin that it hopes will bring back the spirit of the nostalgic TV show, and get Britons swapping.

Swapping has proved to be a popular activity since the economic downturn kicked in, and 52% of Londoners said in a recent survey that they are more likely to swap unwanted possessions now than they were in the past.

The video has been produced to raise awareness of this, and also to help highlight Confused.com's Nectar points promotion, whereby they are giving away 1,000 Nectar points every time a user buys a car insurance policy through their site before the end of March 2012.

It was filmed in London's Victoria train station between 1pm and 3pm on Wednesday 25 January, and its filming created a buzz of activity, as people brought all their unwanted items to exchange for something more useful. A wide range of items were brought, and the 'Swap Store' event had people swapping items like a scented candle, yoga DVD, alarm clock and even a naked picture of Keith Chegwin for things like 1,000 Nectar points; a blow up palm tree and parrot; a trombone and even an electric car.

Gareth Kloet, head of car insurance at Confused.com said: "The economic downturn has made us all more careful about what we spend and become savvier. We wanted 'Swap Store' to be an enjoyable event aimed at encouraging people to swap unwanted items and also to highlight that Confused.com are giving away 1,000 Nectar Points to every customer that buys car insurance through the site. Car insurance is a necessity so at Confused.com we want to give our customers a great deal on their insurance and a little extra at the same time."

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About Confused.com:
Confused.com was the UK's first price comparison site to offer car insurance comparison. Confused.com is one of the UK’s biggest and most popular price comparison services. Launched in 2002, it generates over one million quotes per month. It has expanded its range of comparison products over the last couple of years to include home and contents insurance, travel insurance, pet insurance, van insurance, life insurance cover, home and contents insurance, breakdown cover and energy, as well as financial services products including credit cards, loans, mortgages and life insurance.

Confused.com is not a supplier, insurance company or broker. It provides a free, objective and unbiased comparison service. By using cutting-edge technology, it has developed a series of intelligent web-based solutions that evaluate a number of risk factors to help customers with their decision-making, subsequently finding them great deals on a wide-range of insurance products, financial services, utilities and more. Confused.com’s service is based on the most up-to-date information provided by UK suppliers and industry regulators. Confused.com is owned by the Admiral Group plc. Admiral listed on the London Stock Exchange in September 2004. Confused.com is regulated by the FSA.

Confused.com guides pet owners through the minefield of pet insurance

Mon, 06 Feb 2012 16:07:06 GMT

Confused.com has launched its revamped pet (cat and dog) insurance comparison service. The service is more user-friendly, with a quicker quote process and with more insurers to choose from meaning pet owners are armed with all the information needed to make a more informed decision. Confused.com's comparison service makes it easy for customers to compare pet insurance.

Pet insurance can provide valuable peace of mind against unexpected and expensive vets bills; the cost of unexpected operations, expensive treatments and even help with the cost of searching for a missing pet. One simple form searches all Confused.com's pet insurers and will compare the best quotes for your pet.

Confused.com is not a broker, so the website will only offer clear and impartial quotes. With the increased choice of insurers on the panel dog insurance policies can cost as little as £6.29 a month and cat insurance policies can start at £3.13 a month.

Clarissa Baldwin, CEO of Dogs Trust, the UK's largest dog welfare charity said: "Your dog is part of the family and deserves to get the best possible veterinary care when necessary. There is no National Health Service for pets, and veterinary fees continue to rise at a faster rate than general inflation. If you can afford it, we would certainly recommend taking out pet insurance.

"Pet insurance may seem expensive, but it really could mean the difference between life and death for your pet. It would be heart breaking to have your dog put to sleep just because you couldn't afford the necessary veterinary treatment. If your dog is lucky you may never have to claim any money back, but at the very least it really does give you peace of mind."

Kate Rose, Head of Pet Insurance at Confused.com continued: "Finding the right pet insurance policy can be a difficult and confusing task, you want to be able to find a policy that covers your pet for everything it needs but a policy that is also cost effective, that's where Confused.com's new webpage can help.

"With an easy and effective website and a number of pet insurers on its panels you can get the exact cover that you need for your pet. Also with policies starting as little as £3.13 why now compare now and get the cover your pet deserves."

To make it easy for customers to compare prices, Confused.com have put together a best buy table for pet insurance, allowing pet owners to see at a glance companies that provide the best deal for certain criteria. Users will be able to filter out cover for Accident only, Time limited, Maximum benefit and Lifetime cover types, and be presented with the best monthly price for their Dog or Cat.

About Confused.com:
Confused.com is one of the UK's biggest and most popular price comparison services. Launched in 2002, it generates over one million quotes per month. It has expanded its range of comparison products over the last couple of years to include home insurance, travel insurance, And specialist insurances such as over 50’s life insurance and car insurance for young drivers.

Confused.com is not a supplier, insurance company or broker. It provides a free, objective and unbiased comparison service finding users great deals on a wide-range of insurance products, financial services, utilities and more. Confused.com's service is based on the most up-to-date information provided by UK suppliers and industry regulators.

Confused.com is owned by the Admiral Group plc. Admiral listed on the London Stock Exchange in September 2004. Confused.com is regulated by the FSA.

PruHealth unveils New Year marketing push

Fri, 13 Jan 2012 11:53:56 GMT

PruHealth has rolled out its first advertising and marketing campaign in more than three years, in an effort to increase its brand awareness in 2012 and promote the launch of a new raft of partners providing significant benefits and discounts in its unique Vitality wellness programme.

A lynch pin of the marketing effort is a new website which was created by global marketing and technology agency, LBi, and was launched on 2nd January 2012. It has been built to enable consumers to engage with PruHealth in a rich, rewarding way by presenting information in a personalised way depending on what is relevant to and matters most to them. It includes new digital tools such as a Partner Finder map to show where Vitality partners are located in proximity to a specific postcode, and a new Vitality Savings Calculator, which shows how much people could save when they join, based on their personal preferences.

To support the launch of the website and establish PruHealth's brand credentials, creative agency Rapier has developed a press and outdoor campaign called 'Well Rewarded', which builds on three pillars to communicate that PruHealth makes getting and staying healthier cheaper and easier, motivates people with rewards when they get healthy, and looks after them when they become ill.

The campaign, bought by MediaCom in above the line media (national and regional press and 48-sheet posters at rail and tube stations), and by bigmouthmedia in digital media, will run between January to March in the first instance with follow up campaigns planned for later in the year. These will be supported with social media activity including Facebook, YouTube,Twitter and blogger engagement.

Development of the campaign has been led by PruHealth's marketing director, Keith Kropman, who moved to the role from Discovery in March 2011.

He said: "January is typically a time when people are feeling the pinch, both in terms of their waistlines and in their pockets. We are making it easier for them to get healthier and fitter and helping them save money and enjoy life for less. In addition to traditional channels, we are putting a big emphasis on our website and online promotion due to the increasing growth of digital channels amongst consumers in researching and making purchasing decisions about health and health care."

Although other health insurance providers have started to try to emulate the principles of PruHealth's pioneering Vitality wellness programme which was launched in 2004, none offer such rich 'rewards' for the changes people make to live a healthy life. These include discounts with partners such as Vodafone or savings on a range of holidays with partners such as Thomas Cook, Eurostar and Imagine Cruising. PruHealth is also unique in that it can demonstrate that Vitality is more than a marketing gimmick and is based on a wealth of scientific evidence that shows it changes behaviour and makes people healthier and less likely to be admitted to hospital.

About PruHealth:
PruHealth was launched into the UK market in October 2004 as a joint venture between Discovery and UK insurer, Prudential, in response to a growing need for consumer-directed private medical insurance products.

PruHealth has received several industry awards, including the Most Innovative New Product, Health Insurance Awards 2011, Most Trusted PMI Provider at the 2010 Moneywise Awards, the Best PMI Provider at the 2009 Moneyfacts Awards, Best use of Marketing to Intermediaries (Brokers) at the 2011 Health Insurance awards and the award for the Best Individual PMI provider at the 2010 Health Insurance Awards and 2010 Cover Excellence awards.

The Vitality programme is PruHealth's proven wellness programme that allows all members to get and stay healthy through a range of tools and discounts. What's even better is that the more a member takes part in Vitality, the more PruHealth reward them for it.

Confused.com research looks into myths around the drink driving limit

Tue, 03 Jan 2012 11:43:55 GMT

Confused.com has revealed research showing that 51% of drivers do not know the legal alcohol limit. The research also showed that 31% of drivers are unaware that other factors such as weight, stress levels, gender, whether they have eaten recently and age mean that alcohol can affect individuals differently.

Tragically, 250 people were killed and 1,230 were seriously injured on British roads in 2010 by drivers over the drink drive limit. However, these findings show that just over half of drivers don’t know what the UK legal drink drive limit equates to in terms of alcoholic beverage and quantity.

Rebecca Clough, head of campaigns and communication at alcohol education charity Drinkaware, said: "Even small amounts of alcohol can affect your ability to drive. So the only safe advice is to avoid drinking if you are driving. If you are planning to drink when you go out, make alternative arrangements like choosing a 'designated driver' from your group of friends, plan your journey home by public transport or use a licensed taxi. For the facts about alcohol and driving, visit drinkaware.co.uk."

The research also showed that 13% of people have admitted to feeling tipsy when driving and 20% of people would be willing to chance drink driving.

Shockingly, 44% of people know someone who has been caught drink driving. 5% of drivers polled have themselves been caught drink driving and men have been caught more frequently than women.
In addition to the devastating consequences drink driving can have, Confused.com has revealed that a conviction adds up to 42% on a car insurance premium in the first year.

Gareth Kloet, Confused.com's head of car insurance says: "My advice is to not drink at all if driving. Without taking into account the devastating toll paid in terms of injury, death, a driving ban or prison time, a drink-driving offence can cause a driver's premium to increase or prevent them from being able to obtain insurance at all. There is no fool proof way of drinking and staying under the limit. The drink driving limit could be deemed as a myth because alcohol affects everyone very differently.

"If you do decide to drink and drive you are risking your life as well as others. Research shows that even very small amounts of alcohol significantly increase reaction times and therefore your risk of crashing. Take the safe option and either don't drink, or leave the car at home."

Confused.com is reminding drivers a conviction for drink driving also means the cost of your car insurance will increase significantly. To help know your limits whilst driving, the company is encouraging drivers to use their drink driving calculator tool.

ENDS

About:

Confused.com was the UK's first price comparison site for car insurance. Confused.com is one of the UK’s biggest and most popular price comparison services. Launched in 2002, it generates over one million quotes per month. It has expanded its range of comparison products over the last couple of years to include student car insurance home insurance, travel insurance, pet insurance, van insurance, motorbike insurance, breakdown cover and energy, as well as financial services products including credit cards, loans, mortgages and life insurance.
Confused.com is owned by the Admiral Group plc. Admiral listed on the London Stock Exchange in September 2004. Confused.com is regulated by the FSA.

PR Contact:
Sarah Wenham
Confused.com Press Office
Friary House
Greyfriars Road
Cardiff
CF10 3AE
02920 434275
http://www.confused.com/

Confused.com reveals that keeping diabetes a secret could invalidate life insurance

Wed, 23 Nov 2011 14:39:48 GMT

New research by Confused.com has revealed that 26 per cent of people only have a vague idea what diabetes is, and worryingly 22 per cent of diabetes sufferers are not comfortable telling people about their condition, potentially putting their health at risk.

Keeping diabetes a secret not only makes diabetics more vulnerable but also means their life insurance could be invalidated.

This Confused.com research is supported by a survey conducted by Diabetes UK which shows that one in three people with diabetes have been keeping their condition a secret.

In light of this, Confused.com is warning against the dangers of keeping a medical condition secret and reminding people that their life insurance could be invalidated if they are not upfront about any condition they have been diagnosed with.

Diabetes is on the increase in the UK with one person diagnosed every three minutes. In fact 31% of people know someone with diabetes and there is an estimated half a million more people in the UK who are likely tohave diabetes but have not been diagnosed.

Diabetes is a more common condition than most people believe with an estimated 4 million people being diagnosed with this condition in 2025.

Matt Lloyd, Head of Life Insurance at Confused.com said: "Having a condition such as diabetes does not always mean you cannot get life insurance quotes. Particularly, if a person with diabetes is controlling their condition as directed by their doctor it is possible that they may be able to get a policy put in place. It is also worth going back to the insurer if you have made a positive change to your lifestyle since you were originally quoted for insurance because you may be entitled to a cheaper policy if you are healthier now than when you took out the policy."

About Confused.com:
Confused.com is one of the UK’s biggest and most popular price comparison services. Launched in 2002, it generates over one million quotes per month. It has expanded its range of comparison products over the last couple of years to include home insurance, travel insurance, pet insurance, van insurance, motorbike insurance, breakdown cover and energy, as well as financial services products including credit cards, loans, mortgages and life insurance quotes. Specialist life insurance cover comparison includes over 50s life insurance and term life insurance.

Confused.com is owned by the Admiral Group plc. Admiral listed on the London Stock Exchange in September 2004. Confused.com is regulated by the FSA.

Confused.com launches exclusive motor brand Pink Pound

Mon, 14 Nov 2011 14:15:22 GMT

Confused.com has launched an exclusive motor brand called 'Pink Pound' on its insurance panel.

Pink Pound Insurance is a division of Right Choice Insurance Brokers specifically set up for gay and lesbian customers and cannot be found on any other major comparison site.

Every customer has the right to get a fair chance at getting car insurance and Confused.com, with its relationship with Pink Pound, allows every customer to be treated individually. The launch of the exclusive brand allows homosexual couples to get auto insurance discounts just like other couples.

'Pink Pound' insurance takes customers individual situations to identify ways of reducing their premiums, to obtain competitive rates, using some gay specific schemes whilst at the same time giving the most professional service.

Mike Joseph, Managing Director of Pink Pound said: "Pink Pound insurance was created to give the LGBT community the product, pricing and personal service that is lacking from most standard offerings.

"At Pink pound we have negotiated some fantastic premiums with our specialist panel of insurers and see Confused.com as the ideal partner to ensure that this brand reaches the maximum number of potential customers as possible. Whilst further enhancing Confused.com’s commitment to provide a specialist quote for every client, from every back ground with any specific needs."

Gareth Kloet, Head of Car Insurance at Confused.com continued: "Adding Pink Pound to the ever increasing number of insurers that we compare prices for is a great result. We do not discriminate against anyone as it's all about getting the right cover at the right cost and insuring that everyone has an equal opportunity in getting these deals."

About Confused.com:
Confused.com is one of the UK's biggest and most popular car insurance price comparison services. Launched in 2002, it generates over one million quotes per month. It has expanded its range of comparison products over the last couple of years to include home insurance, travel insurance, pet insurance, van insurance, motorbike insurance, breakdown cover and energy, as well as financial services products including credit cards, loans, mortgages and life insurance. Specialist motor cover comparison also includes budget car insurance, kit car insurance and European car insurance.

Confused.com is owned by the Admiral Group plc. Admiral listed on the London Stock Exchange in September 2004. Confused.com is regulated by the FSA.

Confused.com compares professions: Mobile disco owners face the music with average quotes of £6,800

Mon, 07 Nov 2011 15:22:58 GMT

Confused.com has revealed that, despite many not realising it, their profession may have an effect on the car insurance quote they are offered.

Airline captains could be quoted as little as £320 per year to insure their cars compared with a mobile disco owner whose average cost per year is a whopping £6,800 and apprentice footballers who are tackling quotes above £6,200.

Confused.com has compiled a list of the top ten professions which generate the highest average quotations and also the lowest, based on a year's worth of quotations. Professions generating the highest average quotations included professional footballers (£6,263.61), nightclub owners (£3841.29), students (£3,006.18) and mobile disco owners (£6,809.57). Professions with the lowest average premiums included airline pilots (£320.81), toy makers (£337.87) and china restorers (£336.44) on average receive the best car insurance quotations.

Confused.com is reminding drivers that if they change their job significantly then they will need to let their insurer know, and it may save money if the individual's new role is statistically less risky.

Gareth Kloet, Head of car insurance at Confused.com said: "The cost of insurance is calculated on different factors such as the type of car you drive, the area you live and your own driving history as well as statistics for others of a similar demographic to yourself. This does not mean that every airline captainwill be landing a cheap deal -each individual will be quoted on their own data- but your profession can significantly affect your insurance cost so if you change jobs it’s worth letting your insurer know. Contributing factors will include the type of car you choose to drive, the average age of people with that profession and of course your claims history as a driver.

"Regardless of your profession, it's always advisable to use a trusted comparison site such as Confused.com to get yourself the most competitive quote you can."

For a more detailed breakdown of the most expensive professions for car insurance, visit Confused.com.

About Confused.com:
Confused.com was the UK's first price comparison site for car insurance. Confused.com is one of the biggest and most popular price comparison services. Launched in 2002, it generates over one million quotes per month. It has expanded its range of comparison products over the last couple of years to include home insurance, travel insurance, pet insurance, van insurance, motorbike insurance, breakdown cover and energy, as well as financial services products including credit cards, loans, mortgages and life insurance.

Confused.com is owned by the Admiral Group plc. Admiral listed on the London Stock Exchange in September 2004. Confused.com is regulated by the FSA.

Confused.com research reveals life insurance timebomb of co-habitees

Mon, 07 Nov 2011 12:38:55 GMT

Confused.com, the price comparison site, has revealed new research which shows that 66% of people living together as a couple do not have a will.

The new survey of 2,000 co-habiting and married adults also revealsthat 50% of people living with their partner do not have life insurance. Unsurprisingly the number of people who do have wills rises with age: 66% of over 55s have a will, compared to just 24% of 18-24 year olds. However, 47% of over 55s who are co-habiting or married do not have life insurance.

Despite not having these plans laid for the future, 65% of couples do have mortgages, 45% of which are in joint names, and 28% say they could not afford the funeral if their partner or spouse died.

Matthew Lloyd of Head of Life Insurance at Confused.com warns: "Having a will is a sensible step towards providing for the future but if you don't have life insurance too then your partner may find themselves facing money worries as well as grief should the worst happen. The cost of life insurance is lower the younger you are and so you can save money by signing up for a policy at a younger age. For example £100,000 of cover could cost as little as 17p a day."

He continued: "There seems to be a myth that unmarried partners are automatically protected but this is not the case. If one partner in a couple dies but you were not married or registered civil partners then you won’t automatically get a share of your partner’s estate if they don’t have a will."

5% of couples are embarrassed to talk to their partner about getting a will and this figure rises to 10% among over 55s. When asked how they would pay for a loved one’s funeral if the money was not there, 9% would opt for a pauper’s grave while 33% would turn to family for financial help, 19% would take out a loan and 20% would put the funeral on a credit card.

People without a will may wish to take advantage of Will Aid during the month of November where many solicitors will waive their fee in lieu of a donation to the charity.

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Confused.com is owned by the Admiral Group plc. Admiral listed on the London Stock Exchange in September 2004. Confused.com is regulated by the FSA.

Confused.com launches its 2-for-1 dining card to say thank you to customers

Thu, 03 Nov 2011 12:07:09 GMT

Confused.com has launched a 2-for-1 dining card in conjunction with Hi-Life to say thank you to customers who purchase car insurance or home insurance in November through Confused.com.

Discounts and offers on expenses like dining out and entertainment are becoming more important as inflation erodes people's disposable income and many people have to tighten their purse strings.

Recent research by the Institute for Fiscal Studies identifies that there has been a fall in median net household income of 3.5%, the largest single-year drop since 1981.*

These additional pressures on incomes mean people are not only on the lookout for bargains but are also becoming savvier. To help, Confused.com is giving away a 2-for-1 Hi - Life dining card to all customers who buy a car insurance or home insurance policy in November 2011 through Confused.com. For customers this means 2-for-1 on eating out all day every day at over 3,500 participating restaurants for a whole year, meaning the savings keep on coming.

Catering for all tastes and price ranges, customers can enjoy 2-for-1 at Malmaison, Loch Fyne, Prezzo, Pizza Hut and thousands of other restaurants besides.

Click here for a full list of 2-for-1 dining offers from Confused.com.

Gareth Kloet, head of car insurance at Confused.com, said: "Saving people time and money is at the very heart of our business at Confused.com so the 2 for 1 dining card offer is something we believe will add real value to our customers. With Christmas fast approaching and so many people looking to cut back on expense without making lifestyle changes, we are hopeful it will be well received as an additional thank you for using our site."

Mark Gabriel, head of home insurance at Confused.com, added: "The recent downturn has made us more careful about what we spend and made us savvier in searching for savings. The 2-for-1 dining card can be used for a year and gives great savings on well-known restaurants throughout the UK. Car and home insurance is a necessity so at Confused.com we wanted to give our customers a great deal on their insurance but a little extra at the same time."

- Ends -

Notes to Editors:
* Statistics from the Institute for Fiscal Studies were sourced from 'The Effect of the Great Recession on the Household Income Distribution'

About Confused.com:
Confused.com was the UK’s first price comparison site for motor insurance. Confused.com is one of the UK's biggest and most popular price comparison service. Launched in 2002, it generates over one million quotes per month. It has expanded its range of comparison products over the last couple of years to include home insurance, travel insurance, pet insurance, van insurance, motorbike insurance, breakdown cover and energy, as well as financial services products including credit cards, loans, mortgages and life insurance.

Confused.com is owned by the Admiral Group plc. Admiral listed on the London Stock Exchange in September 2004. Confused.com is regulated by the FSA.

About Hi-Life :
Hi-Life is the UK & Ireland’s market leading dining club, providing outstanding 2 for 1 dining offers at over 3,500 restaurants across the country. There are more than 100,000 regular users out there using their cards - that's a lot of happy diners. World renowned names such as Marco Pierre White and Michael Caines participate in Hi-Life, along with leading high street chains, and the very best local independent restaurants. They do so because they understand the importance of attracting our members to their establishment.

Hi- Life's mission has always been to provide excellence, both in the restaurants it selects and the service it provides. The restaurants are chosen to reflect all tastes across the dining spectrum, offering an unrivalled range of cuisines and prices to choose from.

Confused.com research reveals reasons for lack of life insurance cover in the UK

Wed, 26 Oct 2011 14:18:51 GMT

New research from Confused.com has revealed that 50% of adults surveyed do not have a life policy in place, worryingly, of those without life insurance, 29% have children and 52% are married, meaning loved ones would be left financially disadvantaged should the worst happen.

31% of people do not to take out life insurance because they don’t benefit from it personally. In fact, people in the UK are so laid back about future planning for their loved ones, 34% of people say that covering their possessions is more important than covering their lives.

Moreover, 20% would prefer to spend their money on an annual holiday and 11% see covering their laptop as more of a priority.

The research suggests a shift in UK mentality with more people opting to live for the moment, rather than thinking ahead.

However with life insurance policies costing an average of just £22.29 a month, it's not really affordability that should be questioned but people's priorities.

Matthew Lloyd, Head of Life Insurance at Confused.com, said: "It's worrying that people are blaming cost for not having any life insurance when they spend so much money on other things, which are arguably less important than future planning for their loved ones."

"With over 50% of people not having life insurance and 56% of their partners not having life insurance this shows a worrying future for peoples loved ones. The benefit of life insurance is peace of mind; knowing your family will be looked after financially."

"An average life premium YTD is roughly 74p a day, which is loose change in many people's pockets, however 34% people say they can't afford it. Shopping around for the best deal available on comparison sites like Confused.com is essential in finding the right policy at the right price."

- Ends -

About Confused.com:
Confused.com is one of the UK’s biggest and most popular price comparison services. Launched in 2002, it generates over one million quotes per month. It has expanded its range of comparison products over the last couple of years to include home insurance, travel insurance, pet insurance, van insurance, motorbike insurance, life insurance and energy, as well as financial services products including credit cards, loans, mortgages and life insurance. Specialist life insurance comparison includes comparing products like critical illness insurance, pensioner life insurance and level term life insurance.

Confused.com is not a supplier, insurance company or broker. It provides a free, objective and unbiased comparison service. By using cutting-edge technology, it has developed a series of intelligent web-based solutions that evaluate a number of risk factors to help customers with their decision-making, subsequently finding them great deals on a wide-range of insurance products, financial services, utilities and more. Confused.com’s service is based on the most up-to-date information provided by UK suppliers and industry regulators.

Confused.com is owned by the Admiral Group plc. Admiral listed on the London Stock Exchange in September 2004. Confused.com is regulated by the FSA.

Confused.com research reveals smart phone users risk lives when driving

Tue, 18 Oct 2011 11:08:53 GMT

Confused.com has revealed that UK drivers prioritise their social lives before saving lives on the road. Almost half 40% (38.95%) of motorists check their phones whilst driving, with 27% admitting to logging onto Facebook behind the wheel. The car insurance expert also found that nearly half (45%) will not start their journey unless they can see their phone; a lethal combination considering that drivers are four times more likely to crash when using a mobile phone.

The increasing popularity of Facebook and Twitter means that the 'Twitch Factor' is on the rise, with one fifth of motorists not being able to last more than 15 minutes without checking their phones. 15% of workaholic motorists take advantage of time stuck in traffic to catch up on their work calls or emails, and over one fifth (21%) update their status whilst caught behind a red light.

Surprisingly, although 75% of motorists are aware of the penalty for being on their phone behind the wheel, 60% of them still answer their phone when they’re driving. The ignorance of drivers suggests a harsher penalty should be introduced, withover 50% of motorists supporting this idea.

Adrian Walsh, Director of RoadSafe said: "It's a frightening thought that people are checking their smartphones whilst driving. Many studies from across the world prove that drivers using phones are slower to respond than those who are just over the drink-drive limit. It is dangerous to use a phone – even hands free when driving."

To encourage drivers to stop using their phones while on the road, Confused.com have teamed up with the iPhone app 'DriveSafe.ly'.The app speaks email, SMS, Facebook and Twitter messages aloud allowing drivers to concentrate on the road and stop texting while driving.

Gareth Kloet, Head of Car Insurance at Confused.com said: "Our research shows that although people are aware of the consequences involved, they struggle to tear themselves away from their mobile phones and social media. Using these devices while driving is incredible dangerous and app’s such as DriveSafe.ly which are designed to protect drivers should be welcomed."

For a free download of 'DriveSafe.ly', customers can visit the Confused.com driving apps page.

About Confused.com
Confused.com is one of the UK's biggest and most popular price comparison services.

Launched in 2002, it generates over one million quotes per month. It has expanded its range of comparison products over the last couple of years to include home insurance, travel insurance, pet insurance, van insurance, motorbike insurance, breakdown cover and energy, as well as financial services products including credit cards, loans, mortgages and life insurance.

Confused.com is not a supplier, insurance company or broker. It provides a free, objective and unbiased comparison service.

By using cutting-edge technology, it has developed a series of intelligent web-based solutions that evaluate a number of risk factors to help customers with their decision-making, subsequently finding them great deals on a wide-range of insurance products, financial services, utilities and more. Confused.com's service is based on the most up-to-date information provided by UK suppliers and industry regulators.

Confused.com is owned by the Admiral Group plc. Admiral listed on the London Stock Exchange in September 2004. Confused.com is regulated by the FSA.

Admiral staff win trip to see Wales play France

Wed, 12 Oct 2011 14:06:51 GMT

Admiral has given two members of staff a dream trip to Auckland to see Wales play France in the semi-finals of the Rugby World Cup.

Craig Jenkins from Swansea and Julia Pring from Cardiff each won the opportunity to attend the game, which kicks off at 9am GMT in Eden Park on Saturday.

After the Welsh win last Saturday, the car insurance specialist began organising the prize together with the Welsh Rugby Union. On Monday, staff received an email announcing the competition. However, in order to be in with a chance to win, staff had to answer the question "How many WRU/Admiral jerseys will the Welsh National team use for the 4-match autumn series and RBS 6 Nations games each year?". Not an answer easily found on the Internet.

Craig and Julia were able to work out the number, 256, and were the lucky two chosen to go. They left from Heathrow at about 4pm on Wednesday 12th October and will arrive in New Zealand on Friday.

On winning the prize, Julia from Admiral's Customer Service department in Cardiff said: "When they told me I just broke down in tears; I was so excited. I had been talking to my friends about how amazing it would be to go to New Zealand for the semi-final and at the time it was just something we could dream about. I can't believe I’m actually going."

Ospreys fan Craig Jenkins, who works in the company's Customer Service department in Swansea added: "I'm still pinching myself. Everyone's been so excited for me but I think they're probably quite jealous too. I really am over the moon; it's like winning the lottery."

Admiral is the official shirt sponsor of the Welsh national rugby team. The partnership has proved a big hit with staff who have benefited from discount on shirts, tickets to home games and even visits to the office from some of the squad.

About Admiral:
Admiral Group plc, through its subsidiary company EUI Limited, principally sells private motor insurance and ancillary products, such as cover for breakdown, car hire and legal expenses. EUI Limited markets directly to the public in the UK through its four core brands: Admiral, elephant.co.uk, Diamond, and Bell.

Admiral Group plc employs more than 4,500 people in the UK (2,314 in Cardiff, 423 in Newport and 1,785 in Swansea) and has more than 2.37 million customers worldwide.

Admiral Group is Wales’ only FTSE 100 Company. Group turnover was £1.58 billion in 2010 (£1.08 billion in 2009).

Admiral Group, through its subsidiary companies, consists of 13 major brands - Admiral, elephant.co.uk, Diamond, Bell, Gladiator and Confused.com, all based in the UK, Balumba.es, Globalty and Rastreator.com based in Spain, , ConTe.it and Chiarezza.it based in Italy, LeLynx.fr based in France and Elephant.com based in the USA.

Confused.com finds UK drivers are divided on government's new roadworks idea

Wed, 31 Aug 2011 16:58:41 GMT

Confused.com has polled 2000 drivers, asking their opinions on a new idea from the UK government which could help tackle the problem of roadworks and the resulting traffic jams. The proposal suggests that utility companies could pay a 'lane rental' fee to the council if they choose to dig up the road during busy times*.

UK motorists are divided on the proposal with almost half(49%) saying it's a good plan and that they can't wait to see it happen and the other half (48%) feeling that it's not a good idea because utility companies who choose to pay the bills will pass these costs onto the consumer. The remainder were undecided.

Gareth Kloet, Head of Car Insurance at Confused.com said: "If these proposals reduce traffic jams then car owners will have something to smile about. Financially it’s been a tough few years for drivers. Consumers are paying an average of £858 for annual comprehensive cover, having seen an increase of £22 in just three months and £170 over 12 months**. Car owners really deserve a break and roads that run freely will be welcomed by anyone regularly blighted by queues.

"The 'lane rental' fees could be a good incentive for companies to complete jobs more quickly reducing the potentially dangerous and infuriating situations that roadworks can create."

Lisa Greenfield, Energy expert at Confused.com added: "With UK energy companies having recently hiked up their prices, the last thing that customers want is any sort of extra 'tax' which may end up being paid by the customer. If this proposal goes ahead then UK households will be hoping that utility companies choose to work outside of peak hours and not pay the charges because any further hikes in utility costs would be unpleasant.".

Regionally, Londoners are most in favour of the plans with more than 52% agreeing that they are a good idea.

Notes to Editors:
The poll of 2000 drivers in the UK was carried out by Onepoll on behalf ofConfused.com and all figures have been rounded up to the nearest 1%

*See: http://www.dft.gov.uk/news/press-releases/dft-press-20110822 for more details
** Source: Confused.com/Towers Watson Car Insurance Price Index Q2 2011

About Confused.com:
Confused.com was the UK's first car insurance price comparison site. Confused.com is one of the biggest and most popular price comparison services. Launched in 2002, it generates over one million quotes per month. It has expanded its range of comparison products over the last couple of years to include home insurance, travel insurance, pet insurance, van insurance quotes, motorbike insurance quotes, breakdown cover and energy, as well as financial services products including credit cards, loans, mortgages and life insurance.

Confused.com is owned by the Admiral Group plc. Admiral listed on the London Stock Exchange in September 2004. Confused.com is regulated by the FSA.

Boots Treat Street welcomes Aviva Insurance

Wed, 24 Aug 2011 15:36:49 GMT

Boots Treat Street is pleased to welcome Aviva Car and Home as one of its newest brands to join the online shopping portal. This deal is a new offering for the 'Insurance' area of the Boots Treat Street website, which will allow customers to collect more Boots Advantage Card points through the site and collect points whilst protecting their possessions.

Treat Street has established this partnership with Aviva Insurance to provide its customers even more options from leading UK insurance brands, alongside the RAC, Legal & General Home and Life Insurance and Sheila's Wheels.

Dave Robinson, Head of Partnership Marketing at Boots Treat Street, commented: "Aviva Treat Street is happy to announce that customers can now expect to collect Boots advantage card points with Aviva Car & Home Insurance. Aviva Insurance is a fantastic addition to the Insurance category of Treat Street and we look forward to the many opportunities this coming-together will offer our customers are excited to be able to help our customers collect Boots Advantage Card points whilst protecting their possessions.

"We know that insurance is an important thing to consider and now you can expect discounted prices and Boots Advantage card points with every policy thanks to Treat Street.

Aviva Car and Home Insurance joined Boots Treat Street in July 2011, and is a leading provider of life and pension products in Europe (including the UK) with substantial positions in other markets around the world, marking it the world's sixth largest insurance group based on gross worldwide premiums at 31 December 2009.

About Aviva:
Aviva's main activities are long term savings, fund management and general insurance. It has worldwide sales of £45.1 billion and £380 billion of funds under management. It has 46,000 employees serving over 53 million customers in 28 countries around the world.

Together with 53 million customers worldwide, customers can feel certain in their choice with Aviva, whether they invest for the future, guard against the unexpected, or protect the things that are important to them.

About Boots Treat Street:
At Boots Treat Street, customers collect at least one point for every £1 they spend, as well as getting exclusive offers vouchers, and discount codes from the high-street's biggest retailers including Comet, Currys and the Apple Store and also online retailers, such as eBay, Lovefilm and Play.com. Customers just log in to Boots Treat Street and click through to the retailers site via a special link which means that their purchase can be tracked and their Advantage Card points awarded.

Boots Treat Street also offers vouchers, discount codes and products from the high-street's biggest retailers including Comet, Currys and the Apple Store and also online retailers, such as eBay, Lovefilm and Play.com. Customers can also collect insurance discount codes such as Aviva car insurance discount codes, Sheilas Wheels offers, Legal & General home insurance codes and RAC discount codes.

Confused.com finds 1 in 3 young people are more likely to date a car owner

Tue, 23 Aug 2011 12:12:02 GMT

Confused.com has revealed the results of a new survey that shows many young adults feel that owning a car helps to get a date. More than 1 in 3 young adults (34%) feel that young people who can drive and have a car are sexier than non-drivers, and more likely to get a boyfriend/girlfriend.

More than 1 in 3 (35%) told Confused.com that having a car and being able to drive will improve the chances of getting a date. It doesn't matter too much what kind of car it is though; only 12% of young adults admit to dating someone because of the car they drive with the majority (65%) say that it’s 'really shallow' to date someone because of the car they drive.

Well over 1 in 3 young adults (40%) told Confused.com that they felt getting a boyfriend or girlfriend is more likely for those who have a car and can drive, while 12% think that the better the car, the better love life you have. Women are more likely than men to look for a partner who can drive, with 39% of 17-25 year olds saying they are more likely to date a driver than a non-driver, compared to just 24% of young men. 1 in 2 young men (51%) think that they are more likely to get a girlfriend or boyfriend if they have a car, compared to just 36% of young women.

When it comes to making love, 18% of young men think that the better car you drive, the better love life you have, while only 9% of women surveyed think this is true.

The cost of driving and insurance costs are the highest barriers among young people wanting to get behind the wheel; higher even than the cost of buying the car. Other common barriers, as rated by 17-25 year olds in the UK include passing the driving test, the cost of petrol and fees associated with learning to drive.

Gareth Kloet, Head of Car Insurance at Confused.com said: "Getting a car is a sign of growing up and becoming an adult for many people in their late teens and early twenties. The cost of insurance shouldn’t stand in the way of that process. 50% of under 25s could save up to £571 on car insurance by shopping around on Confused.com, leaving them more money to wine and dine a partner."

About Confused.com:
Confused.com was the UK's first price comparison site for car insurance. Confused.com is one of the biggest and most popular price comparison services. Launched in 2002, it generates over one million quotes per month. It has expanded its range of comparison products over the last couple of years to include home insurance quotes, travel insurance, pet insurance, van insurance, motorbike insurance, breakdown cover and energy, as well as financial services products including credit cards, loans, mortgages and life insurance.

Confused.com is owned by the Admiral Group plc. Admiral listed on the London Stock Exchange in September 2004. Confused.com is regulated by the FSA.

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