Monday 11th September 2006
New figures from Sainsburys Bank show that motorists could save a large sum of money simply by shopping around for car insurance.
A study by the firm indicates that the cost of motoring has risen by 7.2 per cent in the past year - more than three times the rate of inflation.
Although the actual cost of buying a vehicle has dropped in recent years, the cost of running a car has climbed to an average £2,202 per annum.
With car insurance taking up a hefty part of this figure, there is no excuse for motorists not shopping around for insurance.
"The cost of motoring has been rising steadily but you can keep this in check," commented Richard Clark, car insurance manager at the company.
"For example, shopping around for car insurance and your fuel could make a real difference to your motoring bill at the end of the year."
Figures from Sainsburys Bank indicate that over £60 can be saved each year by finding the cheapest deal for your vehicle.
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