Thursday, October 05, 2006
Car premiums on the rise
Average car insurance premiums have crept up this year and are set to continue rising, according to Sainsbury’s Bank.
The bank’s research estimates that it costs around £2,202 a year to keep a car on the road, with insurance the biggest expense after fuel.
The average premium for men is now £492.77 and for women it is £428.92. Drivers aged 25-39 had the biggest rise in premiums in the first half of this year - up 1.37 per cent to an average of £576.11.
DATED 05.10.06
FEED: MT
The bank’s research estimates that it costs around £2,202 a year to keep a car on the road, with insurance the biggest expense after fuel.
The average premium for men is now £492.77 and for women it is £428.92. Drivers aged 25-39 had the biggest rise in premiums in the first half of this year - up 1.37 per cent to an average of £576.11.
DATED 05.10.06
FEED: MT
