Press Releases from Be Wiser

High Excess Insurance Can Equal Huge Savings

Car insurance premiums have increased by 20% in the last year. The increase looks to continue over the next year as insurers try to recoup the expenses of the recent financial meltdown.

Safer and more experienced drivers are set to be rewarded with a new type of insurance policy to combat these rising insurance premiums. A new High Excess insurance scheme has been introduced to the UK which is available through Be Wiser Insurance, a provider of quality motor insurance.

Large percentage increases across the market means clients who are paying higher premiums end up bearing the biggest annual increase. If motorists are paying an annual premium in excess of £2,000 it may increase by a further £800.

For bearing costs up to the first £3,000 of a claim motorists are able to save large chunks of their premium. An insurance premium of £5,000 could be reduced to as little as £900.

Mark Bower-Dyke of Be Wiser Insurance commented:

“Huge savings on car insurance premiums can be made with a High Excess insurance scheme. Clients must be aware of the potential excess costs they face if found at fault in a motoring incident.

“However, if drivers are cautious and sensible they are less likely to have an accident. So, while a £3,000 excess may appear large, the savings which can be made are vast.”

Mark Bower-Dyke concluded by saying:

“This High Excess insurance policy liberates the sensible drivers from being tied to an insurance profile which may not be accurate or fair.”

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