Average premiums lowest for seven years
The average price paid for motor insurance in the first quarter of 2022 fell by five per cent to its lowest level in nearly seven years. According to the Association of […]
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Premiums plummet during Covid crisis
Car insurance has fallen 8.4% in the last year, with the average policy now £779 a year. According to data released by Consumer Intelligence, those aged between 25 and 49 […]
Driving drop-off not reflected in insurance premiums
New research has found that more than half of drivers think they are paying too much for car insurance considering the reduction in miles driven. Research for RAC Pay by […]
Motor premiums to fall 6%
Premiums for motor insurance is expected to drop by six per cent this year, which equates to £27 per policy. The decrease is attributed to fewer miles driven during Covid-19, […]
Motor premiums down to 2016 levels
The average price motorists paid for their motor insurance in the first quarter of 2021 fell to its lowest level since 2016. According to the ABI’s latest Motor Insurance Premium Tracker, the average […]
Insurance premiums fall to two-year low
The average cost of motor insurance has fallen to its lowest level for two years – £466 – according to the ABI’s latest Motor Insurance Premium Tracker. The figures reveal […]
High EV premiums discourage demand
Insurers are powering up premiums for electric cars, leading to a drop-off in demand, according to a major consumer website. HonestJohn.co.uk is calling on the government to scrap Insurance Premium Tax […]
Insurance premiums to reduce
According to Fitch Ratings, insurers anticipate reductions in UK motor insurance premiums due to reforms that limit whiplash claims and reduce lump-sum payments for long-term care costs and lost earnings. […]
Car insurance premiums decline
Car insurance premiums have dropped by an average £70 per person for the first quarter of the year. The 12% decrease will be welcomed by motorists after premiums have continued […]
Insurance Pal funds social premiums
Peer-to-peer insurers Insure Pal is hoping to raise £15m in an Initial Coin Offering to fund its UK motor launch in the first half of 2018. Insure Pal offers lower […]
Premiums set record high
Motor insurance premiums have reached a new record high, rising on averge £45 this year. This is according to figures from the Association of British Insurers’ (ABI) latest Motor Premium […]
Car premiums reduced
Car insurance premiums in Britain fell by 1.1 per cent in the third quarter of 2017. That is the largest quarterly fall in more than three years, report Reuters. The […]