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Insurance Costs Soar for Older Motorists ; The World Today

Coventry Evening Telegraph Insurance Related
Published: Monday, August 11, 2008 

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CAR insurance costs are soaring, with older drivers bearing the brunt of the rises, it was revealed today Average premiums rose 5.8 per cent between July 2007 and June 2008, with the average price now pounds 514.36, figures from Sainsbury's Car Insuranceshowed.

This is the first time since the company's index was launched in June 2005 that the average price had exceeded pounds 500.

Those aged over 65 have seen the biggest rise - an average of 10 per cent - in the last 12 months.

(c) 2008 Coventry Evening Telegraph. Provided by ProQuest Information and Learning. All rights Reserved.

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