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Just 1 in 4 drivers considering adding partner to reduce insurance premiums

Just over a quarter of Irish motorists describe themselves as “very likely” to add another driver to their policy in an attempt to reduce their motor insurance costs, according to an AA car insurance survey.

An additional 9.7pc of the 3,000+ Irish motorists surveyed stated they were “somewhat likely” to add another name to their policy.

Commenting on the survey findings, Conor Faughnan, AA director of consumer affairs, said that adding another driver to a car insurance policy to help reduce motor insurance costs was a step that many Irish motorists overlooked.

Just 1 in 4 drivers considering adding partner to reduce insurance premiums
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(Stock image)

Ellie Donnelly

August 21 2017 8:39 AM

Just over a quarter of Irish motorists describe themselves as “very likely” to add another driver to their policy in an attempt to reduce their motor insurance costs, according to an AA car insurance survey.

An additional 9.7pc of the 3,000+ Irish motorists surveyed stated they were “somewhat likely” to add another name to their policy.

Commenting on the survey findings, Conor Faughnan, AA director of consumer affairs, said that adding another driver to a car insurance policy to help reduce motor insurance costs was a step that many Irish motorists overlooked.

Read more: Four tips to save money on the cost of running your car

In some instances adding a partner to your policy could “result in a discount of up to 20pc depending on your insurer” Mr Faughnan continued.

To avail of such motor insurance discounts, the person added to the insurance policy does not necessarily have to be a partner, for instance, for younger drivers still living at home, adding one of their parents to their policy as a named driver can help to make their own insurance more affordable.

And the survey results would suggest that many young people are already doing this, with just over one in two respondents between the age of 17 and 24, and 35pc of those aged between 25 and 35 describing themselves as “very likely” to add another name to their policy.

The survey also found that women were significantly more likely than men to consider adding another driver to their policy in the future.

While just 22.8pc of male respondents stated they were “very likely” to add another driver to their policy in the future, almost one in three women surveyed said that they were “very likely” to do so.

Article Source: http://tinyurl.com/kbwqb42

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