Motor premiums rise to highest level since 2010

Row of houses and parked cars

Premiums for comprehensive motor cover have continued to rise during the second quarter of 2017 to an average £847, according to the latest Towers Watson car price index.

According to the index this is an 8.4% rise (or £66) during Q2 2017, compared to Q1 2017 and the biggest quarterly rise recorded by the Index since 2010.

Over the last 12 months, average prices have increased by 18.5%, equivalent to £132.

These rises reflect the latest increase in Insurance Premium

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