AA index sees significant increase in car premiums

car

AA British Insruance Premium Index sees fastest increases for 15 years

Car insurance premiums are rising faster than at any time over the past 15 years, according to the latest AA British Insurance Premium Index.

The index, which tracks the quarterly movement of car and home insurance quotes, recorded a 5.6% jump for comprehensive car insurance, over the three months ending 30th September.

This is the biggest single quarterly jump since the index started in 1994. The index has also shown the greatest-ever annual increase with 14% added to the average comprehensive

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