Motorists are increasingly shelling out greater amounts for their
car insurance, a new report has shown.
According to Sainsbury's Bank car insurance index, car insurance costs are steadily growing.
September sees the introduction of the new '57' plates that should see a surge in demand for new vehicles.
The typical car insurance policy stood at £486.43 as of July 2007, a rise of just under three per cent from December of last year.
This rise was a little over four per cent year-on-year, for a total growth of almost £19.80 over the full year.
'Premiums have been rising steadily and it has been predicted that this year they could increase by as much as ten per cent. However, shopping around, you can still reduce your premiums significantly,' advised Lucy Hunter of Sainsbury's Bank.
But further research indicated that one in five motorists only obtained one quote the last time they bought car insurance.
Make sure to shop around for great value deals on
car insurance, call
InsureandGo or check its offers online.