Car insurance premiums rise by record amount
Car insurance premiums have risen by a record amount, according to the latest benchmark AA British Insurance Premium Index
Car insurance premiums have risen by a record amount, according to the latest benchmark AA British Insurance Premium Index.
The report found that during Q4 last year the average quoted premium for an annual comprehensive car insurance policy increased by 7.2%, on the previous quarter, to just over £1,000.
On an annual basis, the same premium rose by 18.7% - the largest ever increase since the index began in 1994.
The average quoted premium for third party, fire and theft (TPFT) cover rose by 8.9
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