Car insurance premiums continue to rise
The average cost of comprehensive cover increased by 8.6% between July and September, however this is a drop on the 14.2% rise last quarter, according to Confused.com/EMB Car Insurance Price Index.
The index revealed that the average comprehensive premium now stands at £650, an increase of £51 in the quarter.
However, the report found that the cost of comprehensive policies has risen 37.5% since October 2009.
Third party, fire and theft (TPFT) cover has risen by 11.7% in the last quarter and 54.2% over the last 12 months.
Men aged 17-20 years old received the biggest quarterly increases for comprehensive policies at 10.9% while older drivers adding children to their policies also continued
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.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
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. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@insuranceage.co.uk