Most people have to terms with the idea that the cost of living is going up each day but they are constantly on the lookout for a cheaper alternative as far as their existing car insurance premiums are concerned. The fact of the matter is that car insurance premiums are becoming more and more expensive all the time and it is something that seems to be spiralling out of control into the depths of infinity.

There are several influencing factors which contribute to rising insurance costs, perhaps the most worrying of which from an insurers point of view being that for every X amount of money that is received in the form of premiums they have to pay out that little bit more in return. It stands to reason that car insurance companies are in their line of business to make a decent profit, but as more and more people are making claims, the revenue that insurers collect has turned out to be insufficient to cover their costs.

Here are some of the underlying causes of increases in car insurance premiums

Uninsured Drivers - Although the vast majority of motorists are law abiding citizens who pay their insurance costs and tax fees, there's a worrying number of uninsured drivers out on the road who are causing accidents without being able to pay for the damage. The cost of this is passed on to insured drivers and it is estimated that this adds an extra £30 a year minimum to the insurance premium of an insured driver.
Whiplash Claims - Over the last few years there has been a massive increase of people making claims for whiplash and personal injury claims. This alone is costing providers of comprehensive car insurance an absolute fortune and is one of the worst offenders in terms of hiking up the price of the average policy.
Unattended Valuables - Although we are regularly advised not to leave valuable items unattended in the car, there are many motorists who don't heed this warning and they are inadvertently attracting thieves to carry out smash and grab attacks on vehicles like moths to a flame. This also results in higher premiums as the insurance companies have to pay out under Third Party, Fire and Theft.

To summarise, car insurance quotes are going up faster than they ever have before but the chances are that if you are adamantly persistent and you take the time to do a little research and shop around, you could save a decent amount of money by switching providers or changing the amount of cover you receive.