Motor insurers compete over ideas

The supplies of motor products shall not witness any notable upheavals in 2017. Insurers are proposing relatively similar terms while the market is dominated by packaged deals combining various guarantees based on the options picked by the policyholder.

To outwit competition, several insurers have tried to differentiate themselves by proposing games, contests or discounts. Some companies on the market are providing various packages to win including cars.

Flat or tailored offers, however, started to see the light of day with benefits being offered in the form of services to the most loyal customers along with reductions up for grabs in case of possessing several vehicles within a single family.

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