Car insurance: Fuel price drop aids car owners

Thursday, 17 August 2006

Reductions in fuel costs at supermarket petrol pumps could ease costs for many motorists.

Supermarket giants Asda and Tesco both cut petrol prices by four pence per litre following Sainsbury's recent decision to reduce prices by two pence per litre last weekend.

The price cuts mean that Asda will charge 93.9 pence per litre for unleaded and 95.9 pence for diesel and any customers using an Asda credit card will be entitled to a further two pence discount.

It is not clear how long the lower prices will remain in operation especially as tensions in the Middle East remain but motorists are likely to welcome any cuts in motoring costs even if they are for the short-term.

Asda trading director, Andy Brem explained: "While these prices may prove to be short term, we have an obligation to pass on cost savings to our customers whenever they occur."

Drivers can further reduce their motoring costs by making sure they shop around for the cheap car insurance polices by using car insurance searches to help find the best budget motor insurance cover.

© Adfero Ltd

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