Comparison sites have revolutionised the way consumers find an energy provider, take out insurance policies, switch broadband or choose a hotel.
These websites make their money by taking a small commission when customers click through and sign up for a provider’s products and services.
Each site has an array of tools to help consumers find the best deal. Telegraph Money rounds-up five of the biggest price comparison websites, plus some other sites that could help save you money.
Best comparison websites
Part of the Admiral Insurance Group, Confused lets users compare insurance policies from most of the market. Car, motorbike and van insurance are its three key areas, but customers can also compare home, life and travel insurance deals.
Launched in 2006, GoCompare is one of the more all-encompassing services. Users can compare a range of insurance products and it partners with other firms to show best buy savings rates, broadband prices and flight deals.
Compare the Market
Perhaps best known for its cuddly meerkat mascots, Compare the Market has tools to help customers compare insurance and household utilities.
Those who take out a qualifying insurance deal – including car insurance, pet insurance and life insurance – or switch services such as energy, broadband or TV qualify for a year’s membership to Meerkat Movies.
This entitles holders to a year of two-for-one tickets on Tuesdays and Wednesdays at major cinema chains. While this is a major perk, users should make sure that the same policy or package can’t be found cheaper elsewhere.
As well as offering comparison tools for mortgages and energy and broadband bills, MoneySuperMarket also has a range of guides to help customers understand the basics of everything from house purchases to credit cards.
If you are looking for a cheaper energy bill, uSwitch has the tools to help compare gas and electricity deals. Consumers can also compare a range of other financial services, such as loans and current accounts.
These are just five of the biggest price comparison websites. There are many others that specialise in specific areas or products.
Skyscanner lets people compare flights and airlines, Broadbandchoices contains comparison tools for internet providers and Trivago searches multiple hotel sites to give users the chance to find a good deal.
But no matter which price comparison site you prefer, it is always worth checking another site to make sure you get the best deal and going direct to the websites of some of the major providers.
Some comparison sites promote commercial partners above the cheapest providers, while others do not check the entire market. Always check with your existing provider to see if they can match or better any deal you’ve found, too.