Motor and home insurance premiums rise

Insurance Age staff
01 Jul 2003

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Over the last 12 months, motor and home insurance premiums for some customers have risen at less than the rate of inflation, according to the AA's British Insurance Premium Index. During the quarter, the average cost of comprehensive motor insurance increased by 0.7% to £699 - a quarterly increase of just £5. The annual increases seen for buildings and contents cover have both been below the rate of inflation. The average premium for buildings insurance has risen £1 in the last quarter to

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