InsureYourMotor.com launches new ‘No Claims’ incentive scheme for named drivers

InsureYourMotor.com has recently devised a unique insurance scheme for existing drivers who have transferred from being a named driver across to their own policy. The new scheme will offer the opportunity for those drivers who have remained on parents or spouses insurance due to the excessive cost of starting their own policy to begin a policy with a no claims bonus. Because of InsureYourMotor.com’s unique method of providing fast and competitive car insurance quotes over the Internet, they can offer substantial savings through less administration costs as many of the processes are automated. The service also allows consumers to obtain quotes from some of the UK’s leading syndicates and European Insurers, at their leisure. Managing Director David Harlow comments: “We offer more named driver policies than any other insurance company of our size and standing. Because we are such a high volume provider of this particular insurance group we have agreed a preferential rate with our insures which we in turn pass onto our customers.” The company was set up in 2000 and its early success and popularity speaks volumes for the policies on offer. InsureYourMotor.com has since become one of the UK’s rising fast track stars, providing for almost 80,000 quotes a month, employing nearly 50 staff with a projected turnover of £30m for 2003.