Car insurance premiums now falling, research says
Comprehensive car insurance premiums fell by 1.6% in the third quarter of 2011 according to the latest Car Insurance Price Index from Confused.com and Towers Watson.
The quarterly decrease in premiums, the first for over three years, meant that over a 12 month period the total rise in comprehensive premiums was 12.3%. For 2010 the research reported a 37.8% rise.
Confused and Towers Watson found, however that third party, fire and theft (TPFT) premiums rose by 2% between July and September 2011.
Accordingly in 12 months to the end of September comprehensive policies have risen by an average of £92 to £843, while TPFT premiums have risen by £192 to £1,155.
Tow
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