This website uses cookies to improve user experience. By using our website you consent to all cookies in accordance with our Cookie Policy. Read more
Go compare with our comparison table

Sainsbury's finds cost of car insurance rises 23% in 2 years

17 November 2009 / by Rachael Stiles

The average cost of car insurance has risen 23 per cent since 2007, market analysis from Sainsbury's Finance has discovered.

The annual total cost of running a car has risen more than 11 per cent in the last two years, from £2,100 to £2,338, the study found, and car insurance accounts for the largest increase by far, with the average premium rising to £551.74. 

The cost of servicing a car has fallen slightly with inflation, but the other costs involved in running a car have risen in the last few years, with tax going up eight per cent since 2008 and 22 per cent since 2007.

While fuel prices have fallen slightly, by 1.22 per cent from their peak last year, they are up 7.56 per cent on two years ago, costing the average driver £1,266.17 a year.

Commenting on the rising cost of running a car, Ben Tyte, manager Sainsbury’s car insurance, said: "While certain costs of running a car have fallen during the past year, compared to 2007, the cost of motoring has still increased fairly significantly with road taxes and insurance premiums both on the rise.

"The cost of driving a car can be kept better in check by shopping around, particularly for car insurance and servicing," he added.

© Fair Investment Company Ltd

ProviderSpecial OffersGet Quotes

5 Star car insurance from £185 – That’s all 10% paid for our standard cover* .
You could save up to 20% online - 36% of customers are expected to receive the maximum saving**

Get Quotes >
Our Guaranteed Hire Car cover comes as standard with our comprehensive motor insurance.

Underwritten by U K Insurance Limited

Get Quotes >

99% of customers would buy again from LV= - Reevoo

Benefits include UK call centres, 24/7 claims helpline, unlimited cover for factory fitted phone, audio and sat nav equipment, replacement child car seats, and European car insurance cover. Tailor the cover to suit you with optional extras, such as Motor Legal Expenses, Guaranteed Hire Car, increased Personal Accident cover and Breakdown cover.

Get Quotes >

Don’t get caught out when you break down. Churchill offers free breakdown service to new Motor customers
First year Breakdown service (roadside only), provided by Green Flag, new policies only. Breakdown chargeable at renewal. Underwritten by U K Insurance Limited. Terms & conditions apply

Get Quotes >

Save 15% Online††
No claims discount up to 75%.

Get Quotes >

Comprehensive cover available from just £180 a year***.
Defaqto 5 Star Rated Comprehensive Cover, you'll benefit from the following as standard: Uninsured driver cover, Vandalism cover, Guaranteed replacement car, Emergency any driver cover, Cover for driving in the European Union for an unlimited period.

Get Quotes >
New customers can get 12 months' breakdown cover for the price of 6 when they buy AA Car Insurance. You also get access to member benefits, including up to 20% off at Moto service areas. Get Quotes >

Get Comprehensive Car Insurance Quotes Online.

Get Quotes >
Free Annual Roadside Assistance and Recovery Breakdown Cover worth £49.
Over 50s save at least £50.
Get Quotes >
With lots more cover now included as standard, AXA car insurance offers you extra reassurance on the road.
If your car’s hit by an uninsured driver, you’ll keep your no claims discount and get back your excess with AXA’s uninsured driver promise* – only with our comprehensive car insurance (*We will return any No Claims Discount and Excess if you are not to blame – you will need to provide the make, model and reg number of the other car. T&Cs apply.)
Get Quotes > compare prices from over 130 motor insurance providers to find you their best dealGet Quotes >
Save up to £230 on your car insurance (51% of consumers could achieve a saving of up to £229.96 with car insurance based on a comparison of at least 40 companies)Get Quotes >