Business and Financial News Business news, small business news, business financial news,personal finance, finance trends, finance news, stock market index, stock data, stock market

Cheapest Car Insurance Study Reveals 80.4% of UK Motorists Will Drive Less Due to Increased Cost of Driving

05.29.2010 · Posted in Insurance

Cheapest Car Insurance Study Reveals 80.4% of UK Motorists Will Drive Less Due to Increased Cost of Driving

Cheapest Car Insurance

London, UK (PRWEB UK) 19 April 2011

In the results of a survey published today 80.4% of the 235 participants answered ‘I will drive less’ when asked ‘How will the cost of driving – petrol, tax, etc – affect you over the next year? ‘.

The drivers, who were surveyed by CheapestCarInsurance.org.uk, a car insurance comparison website, had also noticed a rise in car insurance premiums, with 69.5% stating their premiums had ‘Risen Dramatically’ in the last 5 years.

The news shows drivers feeling the pinch despite the chancellor, George Osbourne’s handout to motorists that attempted to mitigate the impact of oil price rises, and echoes research announced by the AA last week showing the average price of car insurance had leapt by 40% in the past year.

KEY FINDINGS

‘In the last five years has the cost of your car insurance’:

Fallen : 4.2% (10 / 239 responses)

Stayed the same : 7.1% (17 / 239 responses)

Risen Slightly : 19.2% (46 / 239 responses)

Risen Dramatically : 69.5% (166 / 239 responses)

‘How will the cost of driving – petrol, tax, etc – affect you over the next year?’

I will drive more: 0.4% (1 / 235 responses)

It won’t affect me: 19.1% (45 / 235 responses)

I will drive less: 80.4% (189 / 235 responses)

ABOUT CHEAPEST CAR INSURANCE

Cheapest Car Insurance (http://www.cheapestcarinsurance.org.uk) is a car insurance site launched in January 2009 which helps motorists save money on their car insurance by displaying a comparison of deals from as many as 90 different insurance brokers using a quick and simple form. Each month they help over 10,000 people find a better deal.

The full results of this survey can be found at http://www.cheapestcarinsurance.org.uk/over-80-motorists-plan-drive-less-due-prohibitive-cost-driving

# # #

Attachments

Vocus©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

One Response to “Cheapest Car Insurance Study Reveals 80.4% of UK Motorists Will Drive Less Due to Increased Cost of Driving”

  1. Sims Mcfarland says:

    What youre saying is completely true. I know that everybody must say the same thing, but I just think that you put it in a way that everyone can understand. I also love the images you put in here. They fit so well with what youre trying to say. Im sure youll reach so many people with what youve got to say.

Leave a Reply