Tesco Finance are telling UK consumers that there are savings to be made on insurance products, it is down to people to go and get them.
Take as an example home insurance renewals. 44 percent of consumers found their premiums had gone up, but nearly two thirds of people then stayed with their existing insurer rather than looking for an alternative at a lower price. It is not difficult to change insurers said a Tesco Finance spokesman, it simply needs a little motivation to get started.
The different comparison options available through the internet can really help with this process, making it quick and easy to see policies side by side. Tesco Finance recommend all consumers should do this and see if they can reduce their outgoings.