Woman pays 96p for car insurance
14.10.2009 - Dominic Sacco
(10)
A woman is paying 96p per year on her car insurance - thought to be the cheapest quote in the UK. Barbara Wakerell received the quote for fully comprehensive cover on her 12-year-old Vauxhall Corsa, according to moneysavingexpert.com. She used a variety of price comparison services and cashback sites to grab the ultra-cheap premium.
After shopping around she found a lower-priced policy of £120.96, which came with its own cashback of £70, bringing the cost down to £50.96. Barbara then bought the policy through a cashback site (quidco.com), which gave her another £50 discount, slashing the total amount to 96p. Her previous policy would have cost her £145. That's a saving of 99.3 per cent!
Barbara said: "I'm always looking for a bargain so when I found my car insurance for £120.96, I thought I was doing well. But when I also got £120 cashback, I realised I had done really, really well. Can anyone beat that?"
