Car Insurance News from Be Wiser

Car insurance prices 'rising'

The price of car insurance in the UK has gone up over the past year, new research has shown.

According to the newest Sainsbury's Car Insurance index, the average cost of cover has increased by around £25 in the last 12 months.

It added that prices went up most significantly among the 40 to 50s age group, with a seven per cent hike recorded.

According to Joanne Mallon, car insurance manager for the firm, this makes the market as competitive as ever and people should shop around.

She said: "As many as one in five motorists only obtain one quote when they buy car insurance, many saying they can't be bothered to shop around or that they don't have enough time to do this."

This comes as Michelin has announced that as many as 80 per cent of vehicles on roads in the UK could be inflated to the incorrect pressure, reports Tyres & Accessories.

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