Parent company Esure's underlying profit before tax decreased by 22.7% to £82.9m in 2015.
Gocompare.com's pre-tax profit fell by 9% to £23.3m in 2015 compared with £25.6m in the preceding year according to the annual results for its parent company Esure. The comparison website's turnover...
It covers agricultural vehicles, up to a maximum value of £350,000.
But profit before tax and operating profits both grow as the insurer described results as “sound in a challenging environment”.
Broker also reports increase in net earnings for its broker segment in the first half of 2016.
The increase in the tax has made the hike in car insurance more noticeable according to the trade body.