15 May 2008
British drivers have been urged to look around for the most favourable car insurance premiums by the British Insurance Brokers' Association (Biba).
Rates have gone up in recent times because companies have not been making any money and this is starting to impact on consumers, the firm stated.
However, Biba noted, motorists should not simply "accept" these hikes and instead obtain the advice of a broker in their pursuit of deals.
"Don't just accept it on the chin. You might have hit a certain age or your car might be one year older, which gets you an extra discount, or you might have moved house," commented Technical and Corporate Affairs Executive Graeme Trudgill.
While some insurers could be raising their rates there will be others who are not doing so, Mr Trudgill added.
In the last 12 months, car insurance premiums on average have jumped by 6% to stand at £682, the AA has revealed.
© 2008 Adfero Ltd
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