Island comes out on top for car insurance

Tue, 19 Aug 2014

The Isle of Man is the cheapest place to buy car insurance - according to a new report by the UK's Insurance Times publication.

According to the article it is four times more expensive in London to buy the protection.

The average cost of insurance here stands at £231.49 - in London the average is just shy of £1000.

Emmet McQuillan from Tower Insurance explains why there is such a difference in cost: