Car Insurance -
Post Office is trusted insurer - 05/03/2008
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The Post Office has revealed that its insurance products have been increasing in popularity in recent months. The company believes that sales of its car and van insurance in particular have been growing because it is “one of the UK’s most trusted brands”.
Patrick Waldron, the Post Office’s financial services chief executive said that “no hidden catches” is one of the draws of the Post Office’s car insurance policies. The Post Office is a well known and trusted UK brand and it seems customers are willing to stay loyal.
He continued to say: “"With almost 1.4 million customers, we're one of the fastest-growing financial service providers in the UK."
More than 12,000 sales of van insurance have been made by the Post Office and its car insurance has signed up more than 500,000 policies. The Post Office’s 14,000 branches across the country sell the policies. Last month the Post Office reduced its three-year fixed-rate mortgage rate the 5.48%.
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