How comparison websites effect market performance in the UK

With the emergence of more and more comparison sites, MoneyPug offers up this very useful infographic detailing a little history & stats about price comparison sites and why consumers tend to favour them.

A staggering 77% of consumers said that they’d used a comparison website to switch car insurance, with 37% opting to change their energy supplier or home insurance. So what is it about these sites?

Let’s look at the stats
shown at moneypug