Market slams Barclays' price discounting.
The motor insurance market has reacted angrily to Barclays' announcement that it will guarantee to b...
The motor insurance market has reacted angrily to Barclays'announcement that it will guarantee to beat any motor insurance renewal
premium.
Last month Barclays announced that it had teamed up with Privilege
Insurance to offer consumers a direct telephone facility guaranteeing to
undercut any motor premium regardless of the driver's age, car type or
address.
Quinn Lovis, active underwriter at Highway Motor Policies, said: "The
Barclays' announcement is just the latest development by direct insurers
i
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