Motor premiums up by 2.3% in Q2

5-arrows-up

Car owners in Northern Ireland and young drivers aged 17 to 22 pay the most for their cover, according to AA's British Insurance Premium Index.

Car insurance premiums have started to rise again over the second quarter of 2016, according to the AA's latest British Insurance Premium Index.

According to the index, the average quote to someone shopping around for cover rose by £12.56, or 2.3%, to £568.48. This compares to a 0.4% fall over the previous quarter and a 10.1% rise over the last three months of 2015.

The broker stated that over the 12 months to 30 June 2016 the typical shoparound quote has risen by nearly £84 from £484.86.

Trend
M

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 copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

Review of the Year 2024: Markerstudy’s Gary Humphreys

Gary Humphreys, group chief underwriting officer at Markerstudy, hails the completion of the Atlanta deal, dreams of having the MGA’s brand adorn the Tottenham Hotspur Stadium and mulls sitting on the sofa and doing Channel 4’s Gogglebox.

Lycetts buys broker Cheviot

Lycetts has strengthened its presence in the North East, purchasing fellow Newcastle-based broker Cheviot Insurance Services.

Most read articles loading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: