Ballaghaderreen & District Credit Union Limited has announced the launch of a new car insurance product via coveru.ie. CoverU.ie is a website based product that offers members greater accessibility, good value and most importantly excellent insurance cover. The launch of car insurance via coveru.ie follows the successful launch of holiday insurance earlier this year.
According to a survey commissioned by the Irish League of Credit Unions in April 2014, many consumers are struggling to afford car related costs. The survey found that:
- 6 in 10 motorists report switching car insurance in the previous 12 month period in an effort to reduce motor related costs
- One in four motorists find car insurance expensive and struggle to pay it
- 85% of motorists have taken measures to cut down on car related expenses down and over half (54%) drive less to save on petrol.
- 21% of motorists have changed their car to a smaller, cheaper to run model and a further 32% intend to change their -car. There has been a fall in the number of people paying their car insurance on time (91% in April 2014 down from 94% in April 2012).
- 6 in 10 adults have delayed servicing their car as they can’t afford it.
- 34% of motorists report that they are really struggling with the costs of motoring
Coveru.ie car insurance is being offered in conjunction with AIG Europe Ltd. As well as offering great value, the other advantages of coveru.ie car insurance include:
- 12 months cover for the price of 11
- No administration fees if you make a change to your policy during the year i.e. no setup fee or if you make a change to your policy
- Flexible products tailored to suit your needs.
- Automatic stepback no claims bonus or optional protected no claims bonus
- Breakdown assist and legal expenses – optional
- Driver Personal Accident Cover – optional
- A unique AIG Telematics Smartphone App is available to download when you purchase CoverU.ie car insurance and offers you real time information on your driving, gives you a score for each completed journey and allows you to track your progress toward additional discounts and receive offers from AIG.
Speaking about the new coveru.ie car insurance product, Bill Golden, Manager from Ballaghaderreen & District Credit Union Limited said:
“We are delighted to announce the addition of a great value car insurance solution to the coveru.ie range. This product is very competitively priced and offers a wide range of benefits to our members. To get a quote or to get more information about CoverU.ie car insurance, members simply need to log on to www.coveru.ie”.
It is expected that a new home insurance product will be added to the coveru.ie range in the coming weeks.