German car brand Audi has launched a new 3-year Fixed Price Car Insurance policy offered by Audi Financial Services (UK). The new proposition, which is available for new and used car customers, is a first for a premium motor manufacturer. It not only facilitates budgeting by eliminating the possibility of any unforeseen premium fluctuations (subject to T&Cs of course) but also liberates time that would otherwise be invested by customers in shopping around online for the cheapest car quotes.
In an era when insurers and brokers are likely to see the FCA clamping down on any company automatically jacking up the renewal price for loyal customers, when there’s been no change in circumstances, Audi may well be onto something, especially for the lease customer who typically signs a three year rental deal.
Although the premium can be fixed for up to 3 years, barring any specific changes in circumstances, customers are not tied into the new policy for the full term. Cover runs in 12-month increments, and renewal notices are issued at each interval confirming the fixed price for the next year – customers who no longer want to take up the cover can simply inform Audi Car Insurance before the next renewal takes place.
The new 3-year fixed price commitment is also backed up by other advantages that already form part of the Audi Financial Services (UK) insurance offer, including the guaranteed use of Audi-approved repairers and the use of genuine Audi parts or paint in the event of a claim or repair. An uninsured driver promise also protects customers’ no claims discount and excess if they are involved in an accident with an uninsured driver.
You can find out more at; www.insurewithaudi.co.uk or call the dedicated helpline on 0345 246 4030.