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CAR NEWS - Jan 2007 BEWARE OF EXPENSIVE PAYMENT PROTECTION INSURANCE When you buy a new car, or take out any form of finance borrowing, you are likely to be offered payment protection insurance to cover you for perils such as sickness, death, accident and redundancy. Many of these deals are way too expensive and become hidden costs that the unsuspecting buyer had not bargained for. The dealers' commissions on these insurances can be very lucrative, with the extra costs falling on you the buyer. It pays to shop around for this type of insurance. Just like you have the option to check the price of gap insurance cover via this web site, we can direct you to a link where various types of payment protection insurance can be researched and linked to. Click on the link below and get a few quotes - Many payment protection insurance policies have come in for severe criticism by watchdogs and the insurance industry is about to find itself under close scrutiny so far as PPI cover is concerned. So, don't fall for the dealer adding on PPI cover be default, tell the car salesman that you will seek a few quotes of your own and chances are, you will make a decent saving on what you would have paid. Gap Insurance Quote |
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