Keep car insurance costs down as motoring costs rise

September 3rd, 2009

Motorists were hit again this month with another 2p a litre rise in the price of fuel leading many people to lose even more faith in the government.

The increase came in to play on the 1st September and is the first of five tax rises that the government is planning to put in before the next general election. It is estimated to be worth more than £10 billion in additional tax. It will mean that the taxman will take 65 per cent of the price of a litre of petrol. Apparently it is also planning to scrap the scrappage scheme along with other temporary schemes.

This increase adds even more pressure on families who are already feeling the squeeze and it can’t be the best move for Gordon Brown and his Labour party if they have any hope of staying in 10 Downing Street at the next election.

A poll by Used Car Expert Magazine shows that 74 per cent of drivers are seriously concerned about this latest increase. However, there are some ways in which you can reduce the cost of motoring.

  • Shop around for your petrol: Major supermarket Morrisons immediately announced that it planned to freeze their petrol prices for the rest of the week (from the 2nd September) while Tesco’s continue to run with 5p off a litre of fuel if you shop with them. Visit www.petrolprices.com to find the best petrol prices in your area.
  • Shop around for your car insurance but beware of car insurance ’special offers’ that could cost you more. Visit 100% online insurance company swiftcover.com for cheap car insurance prices. They also have a very useful page on how car insurance premiums are calculated, this might also help you keep your premium down.
  • Keep your car in tip top condition in order to ensure a better re-sell value and to keep running and repairs costs low
  • Buy your car tax annually - this will save you £40 a year rather than paying every 6 months
  • Entry Filed under: politics, insurance

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