Motor and home insurance premiums fall again in Q2 2013
Motor and home insurance prices “plummeted” in the second quarter of 2013, according to the most recent AA British Insurance Premium Index.
The average Shoparound index quote for an annual comprehensive car insurance policy fell to £594.86, dropping 9.8% from £659.53 in the same period of 2012.
On average, all ages saw significant premium falls over the past year but those between 23 and 29 years old have seen the biggest fall, at 12.8% to £738.93. Meanwhile the smallest fall was among drivers aged over 70 at 3.9% to £407.70.
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Simon Douglas, director of AA Insurance, said: “This fall, the biggest the AA’s Index has
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