Keep an eye on car insurance premiums
Wed, 04 May 2005
Car insurance premiums look likely to increase over the coming months.
Leading insurers, the AA and Sainsbury's Bank, are encouraging consumers to shop around to ensure they find the most competitive cover and do not simply renew their existing policy.
"Some insurers entice motorists to take out their cover by offering very competitive premiums and then increase them substantially when it is time for the customer to renew their policy - even though their circumstances have not changed," warned Joanne Mallon, Sainsbury's Bank car insurance manager.
The AA also raised concerns that prices could increase substantially, which would not be in the long-term interests of either customers or the insurance sector.
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