MoneyMaxim.co.uk

United Kingdom, Wookingham

MoneyMaxim.co.uk was founded in 2009 by Mark Bower.

Main Services:

Car Hire Excess Insurance, Car Hire, Car Insurance, Learner Drivers Car Insurance, Short Term Car Insurance, Van Insurance, Motorbike Insurance, Pet Insurance, Wedding Insurance, Travel Insurance

MoneyMaxim.co.uk

Moneymaxim.co.uk was founded in 2009 by Mark Bower, the current Managing Director, and was designed to help its users find a wide range of financial services online. But also, uniquely the MoneyMaxim team wanted to be able to offer help, support, and solutions to questions users may have when searching for insurance online.

Originally the site offered the types of insurance you might find on any comparison website, but over the years this has been augmented by a range of services that you are unlikely to find elsewhere.

Here are just three examples:

Car Hire Excess Insurance (https://www.moneymaxim.co.uk/car-hire-excess-insurance )

MoneyMaxim established the first comparison service in UK for car hire excess insurance in 2011. These policies are real money savers for those hiring cars and have cut the cost of protecting the excess hirers are liable for when they rent a vehicle by up to 90%.

Not only is the excess protected, but all the policies sold through MoneyMaxim also include cover for areas of the car typically not insured by the Collision Damage Waiver protection provided by hire car companies, including the tyres, wheel, glass, underbody and roof. Given the damage most frequently sustained on a hire car is a chipped windscreen, followed closely by a puncture, it is easy to see why these policies are so popular.

Users are also protected from a wide range of other risks including lost keys, lockout and misfuelling.

This insurance has grown in popularity considerably over the past decade, with MoneyMaxim helping almost 10 times as many customers in 2019 as they did when the service was first launched. Whilst the global pandemic and subsequent reduction in international travel did affect business for a couple of years trade is steadily returning to normal.

As well as offering excess insurance, the service can also assist those travelling to the Americas where hirers may need full Collision Damage Waiver cover, Theft Protection and Supplementary Liability Insurance. This is particularly popular with those booking a fly drive package where often only minimal insurance is included.

Once a user fond MoneyMaxim they tend to become a loyal customer – with reviews.co.uk reporting Alexander Mack as saying “We’ve been using MoneyMaxim for many years (and Clarify Car Hire who are part of the same group). They consistently provide amazing customer service and are lovely to deal with if we have any queries. Often their advice has been invaluable, and really helped to take a lot of the stress out of our car hire experiences abroad especially. Great customer service feels a fairly rare thing these days, I’d highly recommend them!”

Compare Car Hire & Excess Insurance ( https://www.moneymaxim.co.uk/car-hire )

Whilst the most expensive way of buying car hire excess insurance is almost always at the car hire desk, where one day’s Super CDW cover can cost up to an incredible €30 in Europe it is not only the car hire companies who have realised that selling this protection can be a real money spinner.

Car hire brokers worked out that offering this product as part of the sales process was a great way of increasing their income. They started selling third party policies that could cover the excess too – but that also built in considerable profit margin. Before the pandemic many car hire brokers could make more from the sale of insurance than for the car hire booking itself.

The Competition and Markets Authority stepped in and laid down limits on the prices of these policies – but still there is a remarkable difference between the cost from a broker and the prices offered through MoneyMaxim.

Having realised the issue MoneyMaxim created a unique comparison service which compares the cost of car hire through many of the UKs leading vehicle rental brokers but overlays this with cost of an independent car hire excess insurance policy.

Hirers can get the best of both worlds – they can find the best car hire deal and then having compared the quality and price of the brokers excess cover with those found through MoneyMaxim choose their preferred excess insurance policy.

The difference, both in cost and level of protection, can be amazing!
As Jill Stavrou, a recent user, told reviews.co.uk “Considering what hire car companies charge this was by far the better insurance option to have, I would recommend anyone hiring a car to take the basic cover offered by the hire car company & use the additional short term policies available via MoneyMaxim.”

Clarify Car Hire ( www.clarifycarhire.co.uk )

Having developed MoneyMaxim the team behind it identified that there were lots of potential car hirers who struggled to find what they wanted from a car hire comparison service. They decided the only way to fix this was to create its own car rental brokerage – which is how clarifycarhire.co.uk was born.

It’s industry leading for those who want to take car hire comparison to a whole new level, allowing for example those who want to hire a car fitted with winter tyres, using a debit card and with a low excess to boot – all in one search!

The whole service is designed to provide no worry car hire and to make sure that its users know exactly what to expect when they collect their car – as one user, Lisa puts it:

“Using Clarify was a hassle free experience it was so easy (and so much cheaper than going direct to the care hire provider). Everything was seamless, from point of pick-up in Spain to dropping it back. The quality of vehicle was quality and it was spotlessly clean and fuelled ready to go. I will most definitely use Clarify again. A massive thank you to all at Clarify Car Hire!

Learner Drivers Insurance ( https://www.moneymaxim.co.uk/compare-cheap-learner-driver-insurance )

Learner Drivers are a surprisingly low risk type of motorist. Maybe because Mum or Dad are often besides the learner throughout, provisional drivers insurance premiums can be very competitive.

However, there are many different types of learner driver cover – short term, annual, cover for an owned vehicle or maybe add on cover to allow a parent’s car to be used.

MoneyMaxim can help you identify what type of policy is likely to be best for you, and offer both short term and annual policies that can provide the required cover.

These are just three of many ways MoneyMaxim can help, but they also assist users with dozens of other types of insurance and travel related services.

The company continue to develop new services, and will in next few months be developing a new comparison engine to help those who want to compare wedding insurance prices.

Significant savings can be made across the site so whether you are wanting car, home, van or travel insurance run a quote on www.MoneyMaxim.co.uk today.

Why not try for yourself and see if you too will end up a loyal customer?

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