Car insurance comparison tool which pays you for using it

Quidco, the UK’s biggest cashback and voucher code site, has launched its own car insurance comparison tool Quidco Compare. The service will enable users to find the cheapest policy for their needs and earn cashback when taking out the insurance.

While other comparison sites rank in order of the prices supplied by the insurers, Quidco Compare adds cashback to each policy thereby allowing users to make bigger savings. The cashback available through Quidco Compare (quidco.com/car-insurance-comparison/) typically ranges between £24 and £39 per policy.

By entering details about a customer’s car and driving history, the tool will search over 70 insurers including MORE TH>N, Admiral and Elephant, and display the cheapest policies. When they then click through to the insurer’s website from Quidco.com, the insurer will pay Quidco a commission which is then passed on to the customer as cashback.

John Nelmes, from St Ives, used the service to take out new car insurance for his Vauxhall Cavalier. In doing so, he reduced his annual premium by £48 and earned cashback of £24. Commenting on the tool, Mr Nelmes said, "Quidco Compare is as easy to use as any other comparison site but it has the added benefit of a greater saving. I will definitely use it again next year."

Hannah Green at Quidco said, “When looking for a new deal for your car insurance, it’s wise to look around to find the cheapest deals. Comparison sites search the market on your behalf and while this can result in a reduced premium, you receive no further reward for clicking through to purchase the insurance policy. Quidco Compare finds you the same policies and rewards you with cashback of as much as £39 per vehicle.”