Motorists should not be tempted by specialist insurers, say analysts

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Motorists should not be tempted by specialist insurers, say analysts

Analysts from a leading price comparison website have warned motorists that insurers who specialise in providing car insurance for specific groups, such as women or elderly people, do not always offer them the cheapest deals.

Research by moneysupermarket.com found that a 30 year old woman driving a Ford Focus who opts for a women-only brand will pay an average £622 for annual cover, compared to £388 on average from traditional providers.

This represents an increase of 60 per cent, according to the website's analysts.

Andy Leadbetter, managing director of insurance at moneysupermarket.com, said: "Specialist insurers such as Sheilas' Wheels and Diamond may appear to be a better value alternative for women.

"Our research however shows it pays to scour the whole market for the best value policy to suit individual circumstances."

Recently Norwich Union released research which suggested that January sees more car insurance claims than any other month of the year.

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