Rocketing motor premiums put telematics back on the agenda

Cars stuck in M25 traffic jam

Two reports by the AA and Watson have revealed that motor insurance premiums shot up by 40% in the past year. The AA’s Shoparound index of the average of three quotes for a customer recorded a 40.1% rise to £892 in the 12 months to the end of March for annual comprehensive cover while Confused said that the rate of price inflation was 35.7%.

The rapid rises have raised the question of whether consumers will return to brokers for cheaper premiums and in particular if the much-