Shopping around for car insurance can off-set fuel rises, research shows

Thu, 19 Jun 2008

Car insurance customers should give their providers "the big F-Off", one comparison website has claimed.

Research by Gocompare.com reveals that people who shop around for their car insurance could cover the cost of increased fuel prices in the last 12 months, something it calls Fuel Off-setting.

According to the firm, the average petrol driver is £196 worse off due to the rising cost of fuel, but those who look for a better deal on their car insurance could save £222.

Hayley Parsons, spokesperson for Gocompare, said: "The case for switching car insurers is compelling enough at the best of times but with motorists facing increased costs you have to look to save money where you can."

People should also make sure that they compare levels of cover to make sure that their new car insurance policy will provide them with the level of cover they require, she added.

Yesterday, Peter Gerrard, head of insurance research at moneysupermarket.com, claimed that the demise of Norwich Union's pay as you go car insurance scheme is bad news for younger drivers who were willing to curb their driving habits for a cheaper policy.
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