Cost of car insurance climbing

Wed, 27 Feb 2008

According to recent reports, car insurance is starting to cost UK motorists as much as 5 per cent more every year on average. The figures indicate that people aged between 40 and 50 who have seen the greatest cost in insurance .

Sainsbury’s car insurance conducted a study and found that the average insurance premium had climbed by over 5 per cent, with the average premium slightly below £500. The old and young have not been immune, with both groups seeing increased premiums.

The manager of Sainsbury’s Car Insurance, Joanne Mallon, was reported as commenting: "There are a number of factors leading to higher premiums, including a rise in the cost of personal injury claims and also repairs. However, given that nearly 70% of us admit to some form of potentially dangerous activity while driving, such as eating or using mobile phones, by cutting out these practices we can reduce the chances of being involved in an accident."
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