No-win no-fee lawyers are said to be the main cause of increasing car insurance premiums this year. Research shows that the average car insurance premium is set to rise 15 percent this year.

According to Consumer Intelligence, the average annual premium is £564.19, almost 20 percent higher than the same time last year – and is predicted to rise by 15 percent to £648.82 by January 2011.

There are two main factors contributing to the rise – the first are no-win no-fee solicitors whose ads on TV have seen many more people deciding to pursue personal injury claims after crashes, pushing up the amounts insurance companies have to pay out and therefore increasing premiums.  Read more... (143 words, 1 image, estimated 34 secs reading time)

Young drivers are often hit hard with the cost of insurance premiums. But there are things that young drivers can do to reduce their car insurance costs.

1. Reduce your insurance group
Probably the most obvious choice is to look for a car with a low insurance group as these will have lower insurance premiums. Group 1 is the lowest insurance group possible and cars that fall into this group include the Citroen C2, Fiat Panda, Ford Ka and Vauxhall Corsa.  Read more... (465 words, estimated 1:52 mins reading time)

Car insurance can be a massive expense. Here at MoneyTowers.com, we have put together 7 quick tips to help keep your car insurance premiums down.

1. Limited Mileage Policies
Make sure you know the real miles you do in your car each year. Ask your insurer if they do a limited mileage policy – often, there will be discounts if you don’t go over a particular number of miles each year. If this is only 1,000 miles off the normal amount you do, can you cut down on the miles you do in the car and thus get a limited mileage policy with cheaper premiums?  Read more... (400 words, estimated 1:36 mins reading time)