Fam­i­lies make great sav­ings by shop­ping around for in­sur­ance

Wicklow People (Arklow) - - NEWS -

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.

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