The Car Insurance Megastore Helps Consumers Avoid the Credit Crunch

The Car Insurance Megastore's massive reduction of interest rates has created quite a stir in the market place and other high street and direct insurers with such great overheads are having great difficulty in matching such a low interest rate, less than half that of many of the major insurers and compare.com type websites.

Here at The Car Insurance Megastore, we urge all car insurance shoppers to check not only the initial quote of the car insurance policy, but also the interest rate and monthly repayments as it is quite common for mainstream insurers to hide a substantial amount of profit within the interest rates themselves. Many high street, direct and compare.com type insurers keep the initial cost of the car insurance quote to a minimum to coax the client into purchasing and then increase the interest rates of the monthly repayments.

Many of the UK's lowest quoters refrain from boasting about their high interest rates of 28% which if paying your insurance repayments over a full year can increase that quote by almost a third. Which means that possibly they may not have been the lowest quote after all when considering the interest rates paid over that year. Continued...

This is great!!!