Brits pay 20% more car insurance, poll shows
Tuesday, 26 January 2010 11:05AM
Brits pay 20% more car insurance, poll shows
A new survey by the market research firm indicates that 17 to 24 year-olds have seen their premiums rise to £1,489.
This compares to only a 15% rise among drivers aged 65 years-old and above, who now pay an average of just £423.
Commenting on the findings, Managing Director of Consumer Intelligence Ian Hughes suggested that the upward pressure on prices has "truly broken through".
He explained: "The advent of price comparison websites had actually kept a lid on car insurance premiums for some time.
"The worry, obviously, is that this could result in more motorists simply choosing not to insure their vehicles and drive illegally, or feel that they can no longer afford to run a car."
It comes after car insurance customers were warned by uSwitch.com not to leave their cars running and unlocked to de-ice their cars.
One in ten drivers is unaware that their car could be targeted by thieves, potentially pushing up car insurance claims or even voiding cover.
Posted by Martin Ellis
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