Summary
It is costing consumers a total of pounds 2.7 billion a year just to pay their home and motor insurance by direct debit, research has shown.
Just under 50 per cent of home contents policies and 83 per cent of car insurance policies charge people more to spread the cost over monthly instalments rather than pay the premium upfront, according to financial website MoneyExpert.com.See the full content of this document
Extract
Penalties of Paying Monthly
Among car insurance policies th...
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