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1000 Pound a Year For Car Insurance is on the Way
04/05/2011
Premiums on car insurance are expected to rise by a further 20% by the end of 2011. The cost of fully comprehensive insurance cover has already risen by a record 40% over the past year adding £255 to the cost of an average car user.
This rise in price has been caused by ambulance chasers driving up costs and booming fraud, including 'cash for crash' accidents.
Homeowners aged over 55 years who are concerned about the rising cost of car insurance and would like to know how much money the value of their property could release to help, can find out by contacting therightequityrelease.co.uk for equity release advice.
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