Motor premiums up 7.6% in 12 months claims survey

AA added the Shoparound index, which better reflects the premiums paid after buyers shop around, has also risen as buyers can now expect to shell out £486 for their annual comprehensive cover: £10 (2%) more than three months ago and a rise of £39 (8.7%) since this time last year.

The average quoted premium for third party, fire and theft cover, typically bought by young drivers, has reduced fractionally (by just 0.6% to £879).

Simon Douglas, director of AA Insurance, said: “Despite these