Car premiums up but leading indices show stall in rises
Two new surveys from the AA and Confused.com/Towers Watson have revealed a slow down in the ongoing rate rises in motor insurance premiums.
The Confused/Towers Watson index discovered that in the first quarter of 2011 the average price of a comprehensive car insurance policy rose by 3.8%. In the final quarter of 2010 the survey reported a 7.1% rise in prices.
It added that consumers now pay an average of £835 for annual comprehensive cover, an increase of £31 in the past three months and £220 over 12 months.
The AA Insurance Index reported that the average Shoparound premium, calculated from the cheapest three quotes for a customer
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