Monday 21st February 2011
Be Wiser Insurance

Be Wiser Insurance has once again asked motorists how they are keeping the costs of motoring down in the wake of rising petrol prices.

Nearly a third (27%) of motorists are attempting to change their driving technique to be more fuel efficient. In 2009 motorists were asked the same question, at the time[1] only a quarter (24%) claimed to be changing their driving habits.

The biggest rise however is in those looking for cheaper petrol. A fifth (18%) in 2009 has risen to a third (27%) of motorists 'shopping around' for the cheapest petrol.

Mark Bower-Dyke, chairman of Be Wiser Insurance, comments:

"Shopping around can be effective in the short term, but petrol prices tend to even out eventually. This short term fix only delays the pain of increased motoring costs."

The number of motorists who have changed to a more economical vehicle in a bid to cut down on costs has increased by only 2%.

Mark Bower-Dyke comments:

"Drivers may eventually face a 'breaking point' where they cannot continue to use their current car and can't make any further savings in the way they drive. At this point dangerous corner cutting with inferior insurance, breakdown cover and car servicing or large lifestyle changes will be required to avoid motoring costs becoming prohibitive."

There also seem to be fewer motorists trying to drive fewer miles; previously a third (29%) tried driving less with only a fifth (19%) doing so now.

Mark Bower-Dyke concludes:

"It seems some motorists have hit 'rock bottom' in terms of the number of miles they can actually cut out of their week. Some journeys are necessary and for most cutting out further miles means a change of job or house, something most of us aren't prepared to do in the name of saving at the pump!"

 

 


[1] Be Wiser Poll Offers Tips For Cheaper Motoring That Doesn't Compromise Car Insurance Cover

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