Motorists feeling the pinch could save money by following the advice of the Institute of Advanced Motorists.

Driving more carefully to avoid accidents can ensure that people avoid having to meet "significant" costs and "emotional tragedy".

Remaining safe can also ensure people do not lose their car insurance no claims bonus, the institute added.

Additionally, the organisation suggested that money can be saved by conserving fuel.

Turning off the engine when stuck in traffic and avoiding sharp acceleration and heavy braking can all reduce fuel consumption.

Meanwhile, as well as potentially receiving penalty points and having to pay more for their car insurance, drivers who speed on motorways were warned that travelling at 80mph can cost three to four pence more per mile.

Earlier this week, the RAC reported that in an effort to reduce the cost of motoring, almost one in five people were considering changing the car they drive to one in a lower car insurance bracket.

Adrian Tink, motoring strategist at the RAC, urged people to consider "all potential financial implications" of running a car.

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