Car insurance premiums 'continue to rise'
12.08.2008
Car insurance customers have seen average premiums rise by nearly six per cent in the last 12 months, it has been claimed.
The latest Sainsbury's Car Insurance Index showed between July 2007 and June this year the average car insurance premium rose by 5.8 per cent.
However, during this period motorists over the age of 65 are likely to have seen an average increase of ten per cent, compared to 2.47 per cent for drivers under 25 years old.
Joanne Mallon, Sainsbury's Car Insurance manager, said given the overall rise in the cost of motoring and insurance, it is important that drivers shop around for competitive deals.
"However, accepting a lower premium does not mean that you have to sacrifice quality cover - by shopping around you can find both," Ms Mallon advised.
"Just make sure, when comparing car insurance policies, that you do this on a like-for-like basis," she added.
Despite rising motoring costs, car insurance provider esure recently reported that nearly half of those surveyed said they would never choose public transport over their own cars, regardless of how expensive petrol becomes.
The latest Sainsbury's Car Insurance Index showed between July 2007 and June this year the average car insurance premium rose by 5.8 per cent.
However, during this period motorists over the age of 65 are likely to have seen an average increase of ten per cent, compared to 2.47 per cent for drivers under 25 years old.
Joanne Mallon, Sainsbury's Car Insurance manager, said given the overall rise in the cost of motoring and insurance, it is important that drivers shop around for competitive deals.
"However, accepting a lower premium does not mean that you have to sacrifice quality cover - by shopping around you can find both," Ms Mallon advised.
"Just make sure, when comparing car insurance policies, that you do this on a like-for-like basis," she added.
Despite rising motoring costs, car insurance provider esure recently reported that nearly half of those surveyed said they would never choose public transport over their own cars, regardless of how expensive petrol becomes.