A recent FSA report has revealed that comparison sites have improved beyond measure over the past couple of years with regards to providing its customers with fair and accurate information, but there is room for further improvement, especially when considering car insurance quotes.

The UK’s financial regulator have given their mark of approval for many of these comparison sites, while insisting that the rising standard will continue to improve. A bone of contention however concentrated on the nature of the quotes given.

"Insurance aggregators make assumptions to generate quotes quickly," the FSA's report said. "In the area of motor insurance, examples of such assumptions in relation to the main driver and/or the vehicle are that the applicant is the main driver of the car and not a professional driver; that the applicant has been driving regularly since the date that his licence was issued, or that the vehicle is not a van or commercial vehicle and is not used for hire, trade or delivery."

"Many sites have made significant improvements and are consistently providing clear, fair and not misleading information," said the FSA in a statement. "The vast majority of firms have clear, fair and not misleading adverts."