Motorists skimping on car insurance cover to save costs

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Cheap Car Insurance is Key for Motorists During Recession

Every year roughly 3,000 people die on UK roads as a result of a motor accident. In spite of this, it was revealed that, because they have less disposable income available, many drivers may be looking to reduce their car insurance premiums during the recession.

To save money, research has shown that people may opt to lower the status of their comprehensive car insurance to third party car insurance. Worryingly, it has been reported that more people are taking the risk of not having a car insurance policy at all (which is illegal). Meanwhile, comparison websites have seen a sharp increase in the number of visitors looking to compare their car insurance quote and find cheap car insurance deals.

The car insurance industry is currently a buyer's market and many insurance providers are offering increasingly competitive car insurance quotes. Car owners should remember this when looking for cheap car insurance.

Post Office Car Insurance is warning of the risks drivers take on by reducing or even driving without cover. Car owners should remember that there are numerous different aspects of their lives where they can afford to make cuts to save money. Smoking less, drinking less, eating in instead of dining out are all options. Where drivers should not be make sacrifices is with the services developed to protect them should the unforeseeable happen. With the variety of options available, there's no excuse for anyone to be without car insurance.

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Melanie Seasons
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