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GOOD NEWS FROM AN INSURANCE COMPANY

For the fifth year in a row, the Loyalty Insurance Company has cut the cost of its house insurance. More than a million people with homes insured by the company will benefit from decreases of between two and four per cent on the amount they will have to pay this year. This move goes against the market trend, with other insurers increasing rates by an average one per cent. The level of claims has been lower than usual over this period, allowing us to make these welcome reductions,’’ says Malcolm Broad, Loyalty’s General Manager.
Although the cost of insuring a car with Loyalty has increased by six per cent this year, it is still the smallest rise in the insurance industry; most other companies’ rates are, on average, ten per cent higher than they were last year. The company has always believed in passing on any improvement in its financial position to its customers,’ says Mr Broad. ‘Without doubt, this has led to a continual expansion of our business over the past few years.

Loyalty is performing in a different way from other insurance companies,()

A.Right
B.Wrong
C.Doesn’t say

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