Thursday, 23 October 2014

Car insurance industry faces shakeup over price comparison websites

Watchdog report calls for end to exclusive deals on comparison websites, but fails to tackle courtesy car costs

Exclusive car insurance deals made between price comparison websites and insurers will become a thing of the past after the UK competition regulator ruled that these were not doing drivers any favours and should be banned.

The ruling was one of a number of measures recommended by the Competition and Markets Authority in its final report into the £11bn private motor insurance market.

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