Budget Direct has been named Insurer of the Year in Money Magazine’s prestigious Annual Consumer Finance Awards.

This is the second time in three years that Budget Direct has won Insurer of the Year and the third time it has won the award overall. The award recognises excellence in motor and home insurance, with Money Magazine noting that the price and features of Budget Direct’s home and contents insurance was “superior to the average market offering”.

In addition, Budget Direct’s comprehensive car insurance “offers a great range of features that outperform the market average”.

It is a golden time for Budget Direct, as the company recently won the Canstar Outstanding Value Award for car insurance—for the eleventh year in a row.

Budget Direct is consistently receiving recognition for providing the best value insurance, said Budget Direct MD/CEO Ram Kangatharan.

“We are thrilled to be recognised as Money Magazine’s Insurer of the Year for the third time,” said Mr Kangatharan.

“These awards reflect our aim to ensure our customers get more with Budget Direct—more value, more features, more choice and a more supportive experience at claims time.”