Average car insurance premiums now GBP843

Thu, 13 Oct 2011

The price of car insurance has been increasing steadily over the years but recent research reveals that on average drivers are now paying £843 per year.

The research by Confused.com shows that the rise is six times more than the rate of inflation, which is currently running at 4.5 per cent.

Drivers in cities are most affected; motorists in Bradford and Oldham have seen their premiums rise by 28 per cent for comprehensive cover – the premiums being £1,394 and £1,437 respectively; and motorists in Liverpool and Manchester saw premiums go up by 27 per cent.

Driver in the north of the country face premiums of almost £1,400.

Gareth Kloet, head of car insurance at Confused.com said, "These sudden increases are quite worrying as many drivers are being hit with more than 25 per cent increases.

" Car owners in the affected areas are going to have to be as savvy as ever to find the cheapest deals."
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