Along with everything else the cost of car insurance premiums are rising and are expected to continue to do so throughout 2008. The answer is to shop around to find the best deal, but millions of drivers fail to do this.

According to MoneyExpert.com the average premium has risen by some 6% over the past year to around £682. It says prices could increase by up to 10% later in the year. Research carried out by the company found that up to 9.6 million drivers simply accept increased bills imposed by their insurer, and do not bother to shop around.

"It is worrying that when faced with an increase in car insurance premiums of more than double the rate of inflation so many drivers just shrug their shoulders and accept it,” comments Sean Gardner of MoneyExpert.com. “Motorists are already having to cope with soaring petrol prices, assuming they can actually get petrol. Insurance costs simply add to the burden. Drivers can shop around easily by comparing insurance quotes from different companies. Rising insurance costs are one problem you can at least try to steer clear off."