Car premiums increase by 14%

arrow-shutterstock-96752269

Confused.com figures show the increase in the final quarter of 2016 was lower than in the same period in 2015.

Comprehensive car insurance premiums have continued to rise during the final quarter of 2016, with motorists now paying on average £95, or 14%, more than they were this time last year.

The figures came from the latest Confused.com Car Insurance Price Index in association with Willis Towers Watson.

According to the research, which is based on price data compiled from almost two million customer quotes, the result represents a 4.1% quarterly increase (or £30).

This compares with the 6.9% quarterly

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

Meet the MGA feature: Arc Legal 

Arc Legal CEO Lee Taylor outlines the value in having a supportive parent of the scale of AmTrust; and why it makes sense to keep an eye on legislation and social changes in order to innovate and develop new products.

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: