The car insurance supermarket, Sainsbury’s Bank, have announced a fall in car insurance premiums over the last few months.
Research by the car insurance supermarket found that the average car insurance premium in the UK in December last year was £498.22, a reduction of 3.1% from the average car insurance premium of £514.36 in June last year.
However, it is not all good news for consumers, as the car insurance supermarket found that during the same period, car insurance premiums for drivers under 25 and over 65 had increased by 2.2% and 2.6% respectively.
The manager of Sainsbury's Car Insurance, Joanne Mallon said: "The average motorist is still looking at around £500 to insure their car so it is important for them to shop around for competitive insurance."
Earlier this year, a rival car insurance supermarket, Tesco Personal Finance, launched a special cashback offer aimed at helping consumers looking for new car insurance policies during the financial downturn.
Car Insurance always includes some exclusions and limitations which should be checked carefully. If in doubt you should check your car insurance policy wording carefully.
Visit www.car-insuranceuk.com regularly for the latest car insurance news and links to car insurance providers. Please follow the links on this page to obtain your own personalised car insurance supermarket quote and make your own comparison.
© February 2009