Tag: Motor Breakdown


26

Jul 2021

18% of insurance consumers make COVID-related adjustments

COVID-19 changes consumer insurance behaviour 18% of consumers who currently own any type of insurance either cancelled a policy or switched to cheaper alternatives because of the COVID-19 pandemic. These findings come from the IRN Research report, The Insurance Consumer 2021. As a result of these changes, the amount consumers in total spend on general insurance produces declined by around 6% in 2020, compared with...

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28

Apr 2021

50% of consumers own breakdown cover

Motor Breakdown Market Worth £1.8 billion In 2021, 50% of consumers said they owned motor breakdown cover, which is up on the 46% that owned in 2019. This finding comes from the IRN Research Motor Breakdown Consumer Research Report 2021,The total market (B2C and B2B) was worth almost £1.8 billion. The percentage of consumers who own motor breakdown cover tends to rise with age, social...

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