1 - Price comparison websites take over £650 million in commission each year
2 - It is estimated that 10.1 million adults used comparison websites in the past year.
3 - Price comparison websites take between 20% and 25% of each premium in commission.
4 - Only 2% of users questioned in a recent survey realised that the commission taken was so high.
5 - 26% of of online adults spend between £100 and £499 on price comparison websites each year.
6 - 37% of users use comparison websites as they believe they provide the cheapest deals.
7- 27% of users use comparison websites to save time.
8 - 39% of users will use the services of a broker instead.
9 - Price comparison sites seem to specialise in annoying adverts with the Go Compare adverts recently being voted the most annoying on TV.
10 - Wynne Evans, who plays the annoying opera star in the Go Compare, adverts recently signed a six-album record deal with Warner. Amazingly his debut album went straight to the top of the Classical Album chart in March 2011.
(source : facts 1-8 were the findings of a recent YouGov survey undertaken by saveitbuddy.com)
Looking for a financial adviser near you?
Do you need financial advice? An independent financial adviser can show you how to make the most
of your money. Find your nearest qualified and regulated adviser using this VouchedFor search tool.