Families make great savings by shopping around for insurance
ALMOST 20,000 households across Wicklow have been busy getting children ready for the Back to School season.
19,600 households in the Garden County are conscious of the financial pinch that this time of year brings.
At an average cost of €999 per primary school child, and €1,379 per secondary school child, many households (over 36 per cent in a recent survey) are turning to lenders to source the finance to fund this expensive annual outlay.
However, the insurance experts behind the Insuremyhouse. ie, Insuremycars.ie, and Insuremyholiday.ie brands are calling on people to look into three of the largest expenditures that almost all households will have, in an effort to save anywhere from €100 to €1000 plus on their insurance premiums – money which, they say, could ease the burden of these school costs.
Jonathan Hehir MD of the ‘Insuremy’ brands explained how 90 per cent of households should see savings in premiums if they are pro-active in shopping around.
‘Home, car and travel insurance are three expenses almost all families have on an annual basis. But how much each household pays for these differs vastly – not just by hundreds – but often by thousands of euro.
‘There is a lot of competition across all markets which means there is great value out there, but with products like motor insurance the differential between what is offered by one insurer and another can be huge.
‘This time of year, families are under real financial pressure and reports reveal that many have to borrow the money they need to get their children off to school.
‘According to CSO figures, there were 19,690 households in Co. Wicklow with children of school going age. We are trying to highlight to these parents that there could well be a pretty simple away to alleviate this burden somewhat.