Car insurance: Low premiums may become higher priority

Tuesday, 01 September 2009

Securing low cost motor insurance may become more important than ever for UK drivers, with prices for petrol and diesel increasing today.

Fuel duty has risen by two pence per litre, despite opposition from various transportation groups.

According to Used Car Expert magazine, the move places an unfair burden on road users.

Editor Matthew Tumbridge stated: "It is unforgiveable that the government continues to increase the already extortionate taxes on the motorist."

A poll by the publication revealed 74 per cent of drivers were seriously concerned about the latest rise in fuel duty.

Statistics provided by the magazine show taxation accounts for more than 50 per cent of the cost of a litre of petrol or diesel.

This is due to increase further in December, as the result of a 2.5 per cent VAT rise.

Meanwhile, drivers worried about growing running costs may find they can help keep outgoings to a minimum by opting for the cheapest online car insurance.

Written by Rick Malone

Car Insurance - Get Swiftcovered today!

Compare Car Insurance - The Cheapest on Average

News Home

Swiftcover and are both trading names of AXA Insurance UK plc, which is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority