Saturday, January 23, 2010

Who has the most expensive car insurance?

A Moneysupermarket.com survey has revealed who in Britain has the most expensive car insurance premiums. The poll suggests it is 17 to 21-year-olds in the G62 postcode area - East Dunbartonshire, Scotland.

However, thirty-something men in Swindon (SN5) and Sheffield (S1) also scored highly. Steve Sweeny, head of motor insurance at the price comparison company, said that fitting this profile or collecting speeding convictions not only increases cover premiums by sometimes nearly 50 per cent but also risks licence point losses and fines of up to £1,000.


He added that the fact there were no women "anywhere near the tope of the table in our analysis" was clearly reflected in the amounts each gender pays for their policies. The Institute of Advanced Motorists recently published findings to fight another driving stereotype - that of old people being a danger on the road. In their research, drivers over 70 were found to be no more likely to cause crashes than any other motorist.

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