Motorists 'downsizing to get cheap car insurance'
Saga has published research which shows that many motorists are buying smaller cars to save on car insurance costs.
The cheap car insurance provider claims that March is the peak month for vehicle insurance renewals.
It said that around £2.7 million UK drivers will be taking steps - including downsizing to smaller models - to make their new motor car insurance quotes cheaper.
Other steps that UK motorists may be adopting to cut the cost of their premiums include upping the voluntary excess when they search for cheap car insurance quotes.
Andrew Goodsell, chief executive of Saga Group, said: "Remembering to update your car insurance policy as your needs change can help save money on monthly premiums at a time when many people are looking to reign in their spending."
Recently, the AA published research which revealed that the first quarter of the year may be the best time to get a cheap car insurance quote as providers keep their premiums low in order to attract a larger share of the renewals market.
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