Car insurance: Cost of driving continues to rise

Wednesday, 06 September 2006

The cost of driving for many motorists is continuing to rise each year, according to new figures.

Research by a leading insurance provider concludes that the average driver will spend around £2,200 per annum on keeping their car on the road. In particular, the escalating price of petrol is pushing up driving costs for motorists – with the average driver now paying £1,226 on fuel.

Further costs include an average £273 on servicing, £44 in annual MOT test and £116 on road tax as well as breakdown cover costs of £80

In total drivers are now paying an additional 7.2 per cent to stay behind the wheel of a car, However, drivers can make savings by shopping around and compare car insurance policys.

Drivers are advised to use the internet to search out the cheapest car insurance in order to help to reduce the average £462 spend on motor insurance premiums and lower overall motoring costs.

© Adfero Ltd

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