UK Money News
16th April 2008
Shopping around for car insurance is 'more vital than ever'
The rising costs of running a car means that shopping around for the best car insurance deal is more vital than ever, it has been claimed.
In a poll conducted by MoneyExpert.com, it was found that 25 per cent of drivers are using their car less as a result of rising costs.
Of these, 76 per cent said that rising petrol prices had prompted the move, while eight per cent cited higher premiums being charged by car insurance providers.
Commenting on the figures, Sean Gardner, chief executive at the site, said that the squeeze on motorists' finances means that the importance of shopping around for the best deal is even more evident than before.
He advised: "Petrol costs are high but the single biggest outlay a driver has to account for is their insurance premium.
"And as it's illegal to drive without it the only way to minimise the damage is to shop ‘til you drop and get the best possible car insurance deal you can find."
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