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Motorists told to 'shop around' for best monthly car insurance

By Tom Farley, Tue 10 Jan 2012 - Published in Car Insurance

Last year saw the cost of running a vehicle become more expensive than ever before and now drivers that want to pay for their car insurance monthly are being urged to shop around.

Many motorists that want to keep their budgets manageable by paying monthly are being told by Moneysupermarket.com that failure to identify the best option could prove as costly as a normal premium.

A survey by the company found that out of 10,000 respondents 42 per cent of people blamed high petrol prices for spiralling running costs.

Pete Harrison, car insurance expert at the price comparison site, said: "Running a car isn't cheap, made worse by the rising fuel costs we have all had to find the money to cover. Paying a high premium upfront for car insurance can be another huge strain on your finances so paying it monthly in smaller, more manageable amounts is a good way of making your insurance easier to afford."

The AA recently reported that due to the storms that are currently battering the UK there has been a surge in car insurance claims.