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

LONDON, April 19, 2011 /PRNewswire/ -- 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 (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

Contact:
Jonny Platt
Cheapest Car Insurance
07975796695
[email protected]

SOURCE Cheapest Car Insurance