Adults that do not opt for cheapest insurance in UK 2015, by family financial status

This statistic illustrates the share of adults that disagreed that they tended to opt for the cheapest insurance rather than comparing policy features in the United Kingdom (UK) as of 2015, by family financial status. Out of people who were retired and on a budget, a total of 50.3 percent of respondents stated that they disagreed with going for the cheapest insurance policy.

Share of adults that did not opt for the cheapest insurance in the United Kingdom (UK) as of 2015, by financial status

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Source

Release date

January 2015

Region

United Kingdom

Survey time period

2015

Number of respondents

4,060 respondents

Supplementary notes

According to the source: "Consumer Spotlight examines how people in the UK deal with money and financial services, with a unique focus on the capabilities and potential vulnerabilities of different groups."

Data reflects share per each family/social financial group.

Adults that tended to disagree and those that definitely disagreed were counted under 'share of adults that disagreed'.

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