Motor premiums start heading downwards
Prices for comprehensive car cover fell by 3.3% in the first quarter of 2012, the first time in almost four years that car insurance premiums have seen any reduction, according to the Confused.com/Towers Watson Car Insurance Price Index.
The index, which is based on more than four million quotes, showed the average cost of a comprehensive policy at the end of March 2012 was £816, down £19 from the previous year.
Average prices for 17-20 year olds dropped by £92 in the first quarter of the year, now standing at £2,499, and for those aged 66 and over, Q1 2012 saw average prices fall by £13 to £438.
Northern Ireland was the only region that saw a quarterly increase, with average prices increasing by 0.1%, while drivers in the
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Most read
- Wakam receives PRA approval for new £500m GWP UK insurer
- Aviva’s David Martin on the art of the possible
- Brokers push for more from RSA/NIG