Pensioners with motor insurance hit?

Thursday, 09 February 2012

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The increase in fuel prices is likely to hit pensioners who carry car insurance the hardest, one expert believes.

Founding member and finance director of the Association of British Drivers Hugh Bladon believes that the government should decrease taxation in order to alleviate the burden on drivers.

Mr Bladon explained: "Our main concern is for people on fixed incomes, particularly pensioners in the sticks who live in property where it's hard to get to the nearest shops - because so many local post offices have been closed."

He went on to describe the government's tax on fuel as a "double tax".

Last month, research from Hastings Direct revealed that one per cent of car insurance holders have already given up their vehicles in order to reduce household bills, while one in five will give up their car completely if petrol soars to £2 per litre.

The study also found that seven per cent have already reduced their motoring miles by 100 per week.

Copyright Baubridge Ltd.
 

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