Holidaymakers 'being charged too much for insurance'

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Holidaymakers 'being charged too much for insurance'

Thu 14th May 2009

Holidaymakers could be paying up to 500 per cent more than is necessary for their travel insurance policies before they jet off.

This is the opinion of price comparison website Confused.com, which highlighted statistics from the Association of British Travel Agents and Datamonitor that reveal 40 per cent of Brits' insurance policies were sold through agents last year.

Confused.com suggests that this figure shows that not enough people are shopping around for the best travel insurance deals available to them and are losing money as a result.

Head of travel insurance at the website Steve Williams stated: "While holiday insurance is a must-have, it makes little sense to pay through the nose for it, especially when shopping around for a better deal is likely to save consumers money."

If they are hoping for the best car insurance deals when it comes to driving in a foreign country this summer, Brits should thoroughly check their policies to see what they are - and are not - covered for, moneysupermarket.com advises.

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