Car insurance news
The importance of cheap car insurance revealed
The importance of buying cheap car insurance has been highlighted following research by motoring authority, the RAC. According to a recent survey studying 17 models, ranging from a Toyota Yaris to a Porsche Cayenne, the average cost of keeping a car on the road is almost £5,000 a year.
With a typical annual fuel bill rising to £1,154 due to increased oil prices, and depreciation hitting motorists harder than ever, any savings that can be found to counter the mounting costs are going to be welcomed enormously.
One way that drivers are managing to balance the books is by hunting around to obtain cheap car insurance. Motor insurance prices are currently at their lowest rate since April 2003 due to an increase in the number of new online car insurance firms that have started operating, resulting in competitiveness driving down premiums.
With no overheads for premises, cheap car insurance providers such as duck2water are able to offer quotes that would have been impossible in the past. With instant, hassle-free prices available in seconds over the internet, they take the stress out of searching around, and more importantly help to offset some of that massive £5,000 a year that it costs to keep the car running.