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Motor premiums up 4.8% in Q3, AA Index reveals

traffic-light-stop-go

Firm expects further increases following IPT rise but home premiums continue to drop.

Car insurance premiums have risen by 4.8% in the third quarter of 2015, according to the latest AA British Insurance Premium Index.

The company said that the shoparound quote for car insurance had increased to £569, a rise of nearly £26 over the three months ending 30 September, and the second consecutive quarterly increase this year.

According to AA the upward trend follows two years of falling premiums which started on the promise of sharp reductions in personal injury claims that were

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