Car insurance premiums show biggest jump in five years

electric cars

Confused.com index in association with Towers Watson cites market reaction to increasing claims costs.

Motorists paid £47 or 8.1% more for their comprehensive car insurance premiums in the third quarter of 2015 compared with the same period last year according to a Confused.com car insurance price index in association with Towers Watson.

That represents the biggest quarterly rise recorded since 2010 by the index which is based on data compiled from almost two million customer quotes.

The increase means the average premium for an annual comprehensive car insurance policy is now £629 according to

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Broking profits fall at Saga

Underlying profit before tax in Saga’s insurance broking arm fell to £39.8m for the year ended 31 January 2024, compared with £71.5m in the previous period.

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