04 October 2006 Consumers told to 'shop around' for car insurance
Car insurance premiums have risen in the first half of this year, according to recent research, with consumers being advised to look around for a cheaper deal.
Sainsbury's index of car insurance prices reported that the average car insurance premium had risen £4.48, to £466.63, with the company predicting further increases in the future.
The company estimates the annual cost of keeping a car on the road us £2,202.
Richard Clark, car insurance manager at Sainsbury's, said: "There is strong competition in the car insurance industry so it pays to keep a close eye on your premiums and be prepared to shop around.
"Sadly, many motorists don't do this and they are potentially losing out on large savings, in some cases well over £100."
This week, car insurance provider yesinsurance announced an initiative to encourage the uptake of environmentally friendly hybrid vehicles.
Under the terms of the scheme, the company will donate £20 to carbon offsetting organisation Climate sure and the driver will receive £20 cashback on their insurance.
© Adfero Ltd
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