Wednesday 26th April 2006
Drivers in the north-west of England and London could benefit the most from shopping around for their vehicle insurance.
According to a study by Tesco Personal Finance, drivers in these regions pay an average of 44 per cent more for their policies than vehicle owners in the rest of the UK do.
Tescos new quarterly Car Insurance Checkout revealed that drivers in the north-west pay an average premium of £541 and that in London the average is £563.
This is in comparison to a national average of just £442.
Allan Burns of Tesco Car Insurance said that "significant" savings could be made if people used internet comparison sites to find the best deals.
Commenting on the surveys findings, he said: "Unfortunately for motorists in the north-west and London, high claim rates, car crime and sheer volume of traffic are forcing insurers to push up premiums in these highly urban areas."
The survey brought good news for those living in East Anglia, Scotland, Wales and the south-west however as they are benefiting from the countrys cheapest car insurance.
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