People should shop around to try and get the best deal on their
car insurance, according to an expert.
A spokesperson for the Association of British Insurers (ABI) said that by looking around, customers could make significant savings, in response to research that shows the average motorist's
car insurance premium is on the rise.
Between July last year and June this year the average
car insurance premium rose from £486.13 to £514.36, a rise of almost six per cent.
The AA British Insurance Premium Index shows that younger drivers pay the highest insurance premiums, as they are the group most likely to make a claim.
In related news, young drivers are apparently inclined to buy environmentally-friendly cars, according to research from esure published on Money News.
A poll showed that one in five under-25's would consider swapping their car for a more fuel efficient model and 81 per cent saying they would think about driving either an electric, hybrid or bio-fuel vehicle.
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