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
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