Car premiums drop to lowest level since March 2010
Average comprehensive premiums fell by 3.9% during the third quarter of 2013, culminating in an overall fall of nearly 14% over the last 12 months down to a national average of £652.
The Confused.com Car Insurance Pricing Index, in association with Towers Watson, stated that premiums had not been this low since March 2010.
Overall this was a £105 annual fall and a £26 quarterly drop, a trend which has seen comprehensive cover prices decrease in eight of the last nine quarters.
The average third party, fire and theft premium has also fallen by 6.5% over the year to £1,057.
The survey reported that 17 and 18-year-olds saw average decreases of more than 8% during the quarter
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