Insurance cost 'a major factor' for car buyers - Car insurance - News - Moneyfacts


Insurance cost 'a major factor' for car buyers

Insurance cost 'a major factor' for car buyers

Category: Car insurance

Updated: 26/11/2012
First Published: 02/04/2009

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.
The cost of car insurance premiums is one of the major things consumers consider before purchasing a vehicle, a poll has found.

According to research carried out by Swinton, the price of the car itself remains the most important factor.

But insurance cost ranked second, ahead of issues such as fuel economy and road tax.

Insurer development manager at the car insurance retailer Steve Chelton noted that the economic crisis has meant people are thinking very carefully before making a purchase and he advised potential buyers to get a quote before making a decision, in order to avoid having to pay a costly premium.

"There are many things to consider before buying a vehicle and being able to find cheap yet good value car insurance is one of them," he said.

West Midlands Police recently announced that it is cracking down on motorists who do not have insurance, as well as people who drive without a licence.

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