Consumers could save 50% on insurance

CONSUMERS could save more than 50% on home insurance if they go to a traditional high street broker instead of an online insurer.

The Financial Regulator yesterday published a survey showing savings to be made on home contents and building insurance policies.

Seven of Ireland’s leading insurers were surveyed, comparing prices charged by the firms direct and at the traditional high street broker. They found that consumers could save a minimum of 30% and as much as 55% by getting quotes from a broker as well as online or on the phone.