April 18, 2008

WHICH CAR INSURANCE PROVIDER IS REALLY THE BEST VALUE FOR MONEY? CLEAN SWEAP OF CANNEX RATINGS SUGGESTS IT’S BUDGET DIRECT

Leading research financial services company CANNEX has given Budget Direct its ‘Best Value’ rating in 12 out of its 15 categories, in its latest Car Insurance value for money report.

The CANNEX report, which is based on over 15,000 phone and Internet quotes, comparing 26 national insurance brands, stated that Budget Direct stood out for its “broad and deep value offered to consumers” at the national level while also pointing out that Budget Direct is the only provider to also pick up the top rating in the state by state breakdown.

Managing Director and CEO of Budget Direct, Michael Weston, said Budget Direct dominated the survey’s best-value-for-money insurance ratings Nationally, across all States and across the majority of driver profiles, including Female Drivers 25-29, Male Driver 25-29, Drivers 30-59, Families and Executive Car Drivers.

“When you consider Budget Direct received 12 Best Value ratings compared to the next best insurer with only 3, I think it shows that our determination to offer the lowest priced car insurance, without compromising on quality is paying off.”

The CANNEX survey takes into account price and desirable features, to reveal insurers that deliver the best value for money for driver profiles in each state. It awards five-star ratings to the products achieving scores in the top 5 per cent of each category.

About Budget Direct

Budget Direct is a cheap car insurance provider that offers competitive car insurance to drivers in Australia. Budget Direct is a wholly owned Australian insurance provider and is part of the international Budget Insurance group of companies headquartered in the British Isles. The Budget Insurance group of companies administers more than 3 million policies and $1 billion in premium. Auto & General Insurance Company Ltd underwrites Budget Direct’s policies.

To compare car insurance go to www.budgetdirect.com.au