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Car insurance costs 'on the increase'

Car insurance costs 'on the increase'As in many other areas of life, Britons are once again finding themselves being hit in the pocket - this time by car insurance providers.

Price comparison site moneysupermarket.com has today released research suggesting the average price of premiums rose by 4.5 per cent over the last 12 months.

This means that, while from 2006 into the first half of 2007 the average lowest premium stayed at £290, in the last few months the "creeping" upwards began, with the figure now standing at £303.

Moneysupermarket.com has reminded buyers that, as with communications alternatives such as internet phones in preference to fixed lines, alternatives are available.

Director of insurance Richard Mason commented: "The key thing for drivers is that 64 different providers are successfully competing to produce the cheapest premiums for them.

"The market is not monopolised by a handful of providers any more and this can only be good news for motorists."

Similarly, the telecoms market is no longer dominated by a few large providers and there are alternatives available for those seeking out a good deal.

Consumers tired of being over-charged by big organisations might find the price plans offered by Vonage to be a breath of fresh air.

The company is determined to highlight how consumers are being ripped off and provide a better alternative within the telephony market place.

The V-Plan 1, for instance, offers consumers inclusive calls throughout the UK for just £5.99 per month.
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