Cost of motor insurance falls again

fleet-motor

Survey by ABI reveals average motor insurance premiums dropped for the fourth quarter in a row.

The average cost of motor insurance has dropped to its lowest level since 2017, slipping to £466 for Q1 2019 according to the Association of British Insurers (ABI) latest Motor Insurance Premium Tracker.

The ABI claimed the survey is the only assessment to look at the price consumers actually pay for their cover instead of quotes.

The Tracker also revealed that since the previous quarter the average premium fell by £15, the biggest quarter on quarter decline for about six years and the fourth

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