UK Money News
11th June 2008
Drivers urged to seek out cheapest car insurance
Securing the cheapest available car insurance cover can help limit the impact of petrol price increases, according to a price comparison site.
Insurance.co.uk has moved to advise drivers to shop around for cheaper cover after a study found that sky-high petrol prices were seriously impacting on consumer finances.
Among the poll's findings was that one if six people are now considering quitting their job because high running costs mean it is no longer economical for them to make the journey every day.
Meanwhile, two in five of those surveyed (41 per cent) are consciously cutting back on day trips, and over a third (35 per cent) are reducing car journeys to shops and supermarkets.
Steve Grainger, head of insurance.co.uk, said: "Our research highlights the enormous pressure being put on commuters and the wider economic consequences that may lie just around the corner.
"In the current climate, it's more important than ever that motorists take stock of their finances and realise the savings that could be made by shopping around for insurance cover."
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