UK Auto Insurance Premiums Rise by 40%

The latest research carried out by the AA showed that UK car insurance premiums rose by as much as 40% in the past year due to the increase in fraudulent claims. According to the Insurance Premium Index, this is the highest annual increase ever registered.

The situation is even worse for young UK drivers, who have seen the cost of car cover rise by as much as 51% and reach £2,500 (men) or £1,400 (women).

Commenting on the huge figures, the British Insurance Brokers' Association openly said last week that those are fraudsters who are to blame for such a sharp increase in prices.

The best way to get the most attractive car cover deal is to shop around and to follow the following advice:

• inform insurer about changes in personal circumstances
• use a garage to keep the car
• add an adult to the policy
• drive carefully to avoid making claims

If you are interested in cheap car insurance, you are recommended to use online comparison tools to browse the available deals and then to contact insurers in person.