Motor Insurance is permanently targeted by the major insurers and despite the high premiums most people pay, is actually a very competitive market.

Insurers will often routinely advertise for business and lower their prices to encourage new customers. After a short while, they realise that their premiums are insufficient to cover the claims costs and start price rises. While this benefits the consumer initially, almost every year a better deal will be available elsewhere. At renewal, careful customers will then start the arduous process of ringing round the insurers once more.

Before the launch of the 'direct' companies, brokers were a reliable way of checking the premiums of multiple insurers in one go. The direct companies arrived with a sales pitch of 'cut out the middle-man'. While this seemed to made good financial sense, these direct companies now had to employ and train new call centre staff, implement new computer systems and spend dramatic amounts of money on advertising. The truth of the matter is that although brokers will earn commission from your premium, the net cost will not necessarily be any higher than a direct underwriter. If you add to this the constant changing price structures of underwriters, choosing a broker remains a shrewd decision for many.

Ferguson Green Insurance has direct access to many underwriters, although these are focussed on the commercial insurance markets. To ensure that our private customers receive a consistently competitive premium, we have created relationships with partner insurance brokers who specialise in motor insurance.

Generally, we will only earn a nominal rate of 5% commission for this type of policy, which often will not meet our costs. Accordingly, as with other personal insurance policies, motor insurance is exclusive to our existing clients and commercial customers.