Car insurance: petrol hits £6 a gallon

Wednesday, 23 March 2011

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Motor insurance customers are now being charged £6 a gallon for unleaded petrol, new statistics have revealed.

Fuel has now jumped to more than £1.32 a litre, with the average cost of diesel also reaching the £1.37 mark, according to figures from AA.

The motoring group has warned that the average family with two petrol cars must now pay over £280 a month in fuel, which is an increase from just over £242 in March.

Edmund King, AA president, said: "Lower-income drivers, poorer rural residents, volunteer drivers, youngsters looking to their first jobs are some of the vulnerable groups struggling to stay on the road."

Mr King is also urging the government to cut the tax car insurance customers have to pay when they fill up their cars, as VAT and high fuel duty are combining to leave many people with financial strains.

As well as this, the expert claimed that the national economy could be damaged by the high costs of driving.

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