Wednesday, August 13, 2008

Car insurance price hikes add insult to injury for beleaguered motorists

The price of car insurance is higher than it has ever been according to research by Sainsbury's.

After a six percent annual rise, for the first time average car insurance premiums have topped £500; rising from an average of £486.13 one year ago to £514.36 today.

Elderly motorists were hit hardest, with their premiums increasing by an average of ten per cent.