Car insurance premiums show biggest jump in five years

electric cars

Motorists paid £47 or 8.1% more for their comprehensive car insurance premiums in the third quarter of 2015 compared with the same period last year according to a car insurance price index in association with Towers Watson.

That represents the biggest quarterly rise recorded since 2010 by the index which is based on data compiled from almost two million customer quotes.

The increase means the average premium for an annual comprehensive car insurance policy is now £629 according to

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