AA warns of price war
The AA's British Insurance Premium Index has revealed a fall in the cost of car insurance and has ra...
The AA's British Insurance Premium Index has revealed a fall in the cost of car insurance and has raised fears of a price war.
The index, which has been running for 10 years, shows that the average price quoted for comprehensive car insurance fell 2% from £776 to £759 - the biggest fall since January 1996. The cost of non-comprehensive cover fell by 1% from £910 to £902.
Neale Phillips, director of AA Insurance, said: "The figures point to some large players launching a price war to gain market
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 print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Most read
- Wakam receives PRA approval for new £500m GWP UK insurer
- Aviva’s David Martin on the art of the possible
- Brokers push for more from RSA/NIG