![Pinterest](https://pinterest.com/pin/create/button/?url=https://uknews.evprotec.com/im-a-car-insurance-expert/&media=https://uknews.evprotec.com/wp-content/uploads/2023/08/mnprfn-suburb-street-scene-row-691143285.jpg&description=TRYING to find the best deal on your car insurance is enough to drive anyone to despair. But with premiums soaring , it's never been more crucial to find little ways to keep costs down . 6 Motorists are now having to pay nearly 50 per cent more for their car insurance premiums Credit: Alamy New research found that average car insurance premiums have rocketed by almost 50 per cent over the last year - and those hit the hardest are millennials and older people. In a chat with The Sun, Ryan Fulthorpe, an insurance expert at Go.Compare , revealed why Brits are having to pay more for their vehicle coverage. He says: "The recent rise is in reaction to the increases insurers are facing when having to pay out for claims. Every claim cost from car parts, labour, materials, energy and operational prices have increased and unfortunately, those costs are now being passed on to motorists." But fortunately, you can work around the record-high prices to drive down premiums using these clever tips. 29 day rule Ryan believes it's crucial to get on top of trying to find a new deal and not leave it to the last minute. "Go.Compare has done some research and found that purchasing your insurance 29 days from the point of renewal is the cheapest point you're able to do so," he explains. "The price increases the closer you get up to your renewal date. So if you're buying on your renewal date or just the day before, you're likely going to be paying a substantial amount more than you would be if you look to purchase 29 days out. "With some people, it could be just their memory or what they have going on in their lives at that point. "Purchasing car insurance is not at the top of everybody's list but as it is a legal requirement and because it can be quite costly, we always look to say try and get organised with it to drive the costs down." 6 Being more organised and not leaving the purchase of car insurance to the last minute could save money Credit: Alamy Shop around Ryan believes going for){kind=link}
TRYING to find the best deal on your car insurance is enough to drive anyone to despair.
But with premiums soaring, it’s never been more crucial to find little ways to keep costs down.
New research found that average car insurance premiums have rocketed by almost 50 per cent over the last year – and those hit the hardest are millennials and older people.
In a chat with The Sun, Ryan Fulthorpe, an insurance expert at Go.Compare, revealed why Brits are having to pay more for their vehicle coverage.
He says: “The recent rise is in reaction to the increases insurers are facing when having to pay out for claims. Every claim cost from car parts, labour, materials, energy and operational prices have increased and unfortunately, those costs are now being passed on to motorists.”