Car Insurance

Although the average car insurance premium cost has remained fairly static over the last five years, motorists are being warned they could find costs increasing. Experts are urging drivers to be savvier when it comes to seeking out cheap car insurance deals – especially as the end of March brings a surge in newly registered cars and motor insurance requests. The car insurance market is becoming even more competitive, especially online, as consumers search the web for a good car insurance quote. Around 15 per cent of all car insurance is now bought

online – a huge three-fold increase over the last 12 months. However, while this glut of car insurance deals and competitiveness may seem good news for the consumer, the reality is that car insurer's costs are increasing and they are having to push these onto the motorist. Insurers say the number of claims on car insurance is rising by six per cent each year, which they blame mainly on the design of new cars and increasing labour costs. New cars are increasingly designed to crumple on impact to prevent damage to the passengers, although this means hefty repair bills and car insurance claims.