There is every sign that car insurance for low mileage drivers could become the wise choice for increasing numbers of drivers after figures released by the Department for Transport and the AA revealed that drivers have cut back on mileage by an average of 1.8% compared to two years ago.
The statistics do much to illustrate just how much burgeoning fuel prices and general economic pressures, such as the cost of motor insurance cover, have had a real impact on the lives of the UK motoring public.
And, in a further sign that car insurance for low mileage drivers could soon become an appealing prospect to many, the same set of figures revealed that households with only one car are now making 4.3% fewer journeys than they were two years ago.
Proof of the low mileage trend is also to be found in the figures for petrol purchase. Edmund King, president of the AA comments, “After Department for Energy and Climate Change figures revealed that one billion fewer litres of petrol were bought in the first quarter of this year compared to the same period in 2008, yet more official figures are showing how badly recession and record fuel prices are taking away people’s mobility in the UK.”
And in more evidence that car insurance for low mileage drivers could soon become the cover of choice for many drivers, King added, “Piece by piece, a jigsaw of financial hardship and lost travel freedom is being revealed by official statistics. The AA/Populus panel survey laid the corner piece in June with its revelation that the percentage of AA members cutting back on car use, other spending to compensate, or both, had risen from 63% at the turn of the year to 76% by mid year.”