Asda Financial Services

Asda Financial Services

April 20, 2012 12:30 ET

UK Drivers Clock Up Over Two Billion Miles During Easter Bank Holiday

- UK motorists drove an average of 83 miles over Easter weekend

- One in five can't afford breakdown cover

- Asda breakdown is GBP 60 cheaper than RAC and AA

LONDON, UNITED KINGDOM--(Marketwire - April 20, 2012) - UK motorists have been busy as Asda research can reveal they drove over two billion miles during the recent Easter Bank Holiday.

The research found that 60% of UK adults drove an average of 83 miles over the four-day weekend. Despite this, a significant one in five did so without breakdown cover.

Increasing uncertainty over a potential petrol strike and a long Easter Bank Holiday weekend could have caused motorists to go the extra mile in their vehicle, yet this may have put them at risk of breaking down.

Some 22% of motorists don't have or cannot afford breakdown cover for their vehicles. Of those who don't have cover, one in four (28%) claim that this is down to the rising costs of driving.

UK motorists are finding it increasingly hard to cope with the rising costs of keeping a car running. A hike in petrol prices combined with high insurance premiums is driving costs up, making it harder for people to stay on the roads.

However, the cost of breakdown cover is a small price to pay when motorists are faced with expensive call out fees in an emergency or breakdown. The last thing that a motorist who has experienced an accident or breakdown may want to do is hand over a large amount of cash. Not only can breakdown cover save motorists time but it can also save them money.

Cash strapped Brits who are finding it difficult to cope with rising car costs could use Asda's Financial Services to find affordable UK Breakdown Cover. Policies start from just £70 a year, which is £60 cheaper than similar cover offered by the AA and RAC.

As drivers gear up for the next Bank Holiday weekend, (7th May) it's not too late for motorists to apply for breakdown cover today.

Top tips for drivers going the distance

  • Check water and oil levels before embarking on a long journey
  • It would be advisable to check tyres for wear and tear, make sure they have the legal tread depth of 1.6mm and the correct pressure.
  • Visibility is vital for drivers so lights should be in fully working order and windows should be clean as well as the door mirrors and lamp lenses.

Notes:

About Asda Breakdown Cover

  • 74% of cars fixed at the roadside*

  • Average response time of around 40 minutes**

  • 98% of customers satisfied with our service***

  • Cheaper than the AA & RAC****

  • Pay annually and save £20 on UK breakdown and European cover

* Fix rate of 74% taken from 92787 invoices during 1 Jan to 31 December 2011
** Response time of 40.2 minutes taken from 54953 customer questionnaires during 1 Jan to 31 December 2011
*** Customer satisfaction of 98% taken from 54953 customer questionnaires during 1 Jan to 31 December 2011
***** Based on Asda UK Breakdown Cover compared to the nearest equivalent level of cover from the AA and RAC. Competitor's prices include discount available on 20/04/2012 (online and call centre).

Asda also offer Roadside Cover for just £25, which means if your vehicle can be fixed by the roadside, it will be. It's a good value option that lacks many of the options covered by the core Breakdown Cover policy, but means your car will be fixed if possible and towed to a garage within a ten mile radius. As well as the Breakdown Cover and Roadside Cover options, Asda also offer European Breakdown Cover - meaning your vehicle is covered even if it breaks down in one of many European countries.

Asda Financial Services Limited and Asda Stores Limited act as Introducer Appointed Representatives to Liverpool Victoria Insurance Company Limited for Breakdown Cover. Asda is a trademark of Asda Stores Limited. Britannia and Britannia Rescue are registered trademarks and are trading styles of the Liverpool Victoria group of companies. Liverpool Victoria Insurance Company Limited, registered in England and Wales number 3232514 is authorised and regulated by the Financial Services Authority, register number 202965. Registered address for all Liverpool Victoria companies: County Gates, Bournemouth BH1 2NF.

About Asda Stores Ltd.

Founded in the 1960s, Asda today is one of Britain's leading retailers. It has over 170,000 dedicated Asda colleagues serving customers from 424 stores, including 25 ASDA Living stores, 23 depots and eight recycling centres across the UK (Great Britain and Northern Ireland). It has its main home office in Leeds, Yorkshire and its George clothing division based in Lutterworth Leicestershire. Asda serves over 18 million shoppers a week in store and its growing home shopping business serves over 97 per cent of UK homes.

About Chosen By You

Chosen By You is an unprecedented re-launch of Asda's entire mid-tier own brand range, consisting of over 6,923 products. The launch follows an intense period of quality benchmarking and independent customer taste testing, which means Asda customers are given the very best in terms of quality and value. Every single one of the products has been tested by real customers up and down the country at 836 locations - and only those that get a big thumbs up make it into the range. Chosen By You has rolled out into Free From products and 4,250 tests have been conducted with the help from Coeliac sufferers. Asda have already conducted more than 370,000 blind taste tests involving 63,714 customers, making this the biggest piece of product testing ever done by a supermarket.

About Asda's Price Guarantee

With Asda's Price Guarantee customers can be safe in the knowledge that the price they pay at Asda is cheaper than at Tesco, Sainsbury's, Morrisons and Waitrose, otherwise we will refund the difference.

Contact Information

  • Asda Financial Services
    02070821194