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Car insurance premiums on the rise
12 August 2008
Motorists are being urged to shop around for a new policy deal as car insurance premiums are rising in cost, according to a new study.
Research by Sainsbury's Bank revealed that the average car insurance premium has increased from £486.13 in July 2007 to £514.36, accounting for a 5.8 per cent in just over a year.
Joanne Mallon, Sainsbury's car insurance manager, said: "The cost of driving is now at its highest for a number of years it is all the more important for motorists to shop around for competitive insurance."
According to Ms Mallon, motorists should cut down on dangerous driving activity such as eating or using mobile phones whilst driving if they want to avoid making a claim and increasing their insurance premiums.
"By cutting out these practices we can reduce the chance of being involved in an accident," she added.
Sainsbury's Bank found that men pay, on average, men pay £540.49 for their car insurance compared with women who pay £470.47.
