Best Insurance 2 U is all about getting you the best deal on your car insurance in the UK.

The UK car insurance market has come under increasing pressure in recent months, with an average 40% increase in the annual Shoparound premium over the 12 months ending March 2011. The Shoparound premium is generated by taking an average of the cheapest three quotes for each ‘customer’.

Young drivers and women have been hit with the largest increases. Young drivers often pay more on their vehicle insurance annually than they do on their car and have had an average increase of 51% in their premiums. With the recent introduction of the gender discrimination ban, women’s premiums are set to rise as well. Women have traditionally been considered lower risk than men and thus enjoyed lower premiums.

In a market where premiums are being driven up by an increase in fraudulent claims, personal injury claims and uninsured drivers, new measures imposed by the government should help keep a lid on premium increases. The increase in fraudulent claims has also put increasing pressure on the profit margins of insurers. In an industry that has driven out smaller insurers by cutting premiums, one may still see more withdrawals in direct insurance lines and takeovers by larger insurance firms.

Given all of these factors, most drivers would benefit from taking a closer look at their existing insurance policies and deciding whether they are really getting the best deal. Shopping around could save consumers a fair amount of money and need not be time consuming. Today it is possible to buy just about anything on-line and the same goes for insurance policies. Most insurers have on-line quote facilities and if this does not provide consumers with the quote they are looking for, there are several websites, which will compare quotes for you.

New to the UK car insurance market, ‘black box car insurance’ or ‘telematics car insurance’ may be worthwhile exploring for the more cautious driver. A device, which monitors a driver’s habits, lets the insurer know whether the driver sticks to the speed limit, breaks softly and accelerates slowly and this could reduce the premium charged.