Average comprehensive car insurance prices static in Q1

cars-auto

Trend of flat or falling first quarter premiums continues for fifth year.

The cost of motor insurance has stalled for the first time in a year, according to the latest Confused.com Car Insurance Price Index in association with Willis Towers Watson.

According to the findings, the average comprehensive premium held at £671 during the first quarter, even though price movements varied between segments.

Third party, fire and theft (TPFT) prices fell very slightly by £1, or 0.1% on average, to £1,128.

The first quarter price movements follow annual price rises in 2015 of 13

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Broking profits fall at Saga

Underlying profit before tax in Saga’s insurance broking arm fell to £39.8m for the year ended 31 January 2024, compared with £71.5m in the previous period.

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