Car insurance premiums see first Q1 rise for six years
The average quoted premium for an annual comprehensive car insurance policy rose by more than 1% over the first quarter of 2009, according to the AA's latest benchmark British Insurance Premium Index.
This is the first time for several years that there has been a first-quarter increase in car insurance premiums.
The average quoted premium, based on data from over 80 insurance providers on a basket of 1,000 customers, rose by 1.3% to £751.60. The Shoparound index, an average of lowest three premiums for each customer and is closer to the premium most people will pay, rose by just under 1% to £504.38.
Simon Douglas, director of AA Insurance, says: "Although 1.3% may not sound much, premiums fell
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