AA: premium rise warning.
Car insurance premiums have risen rapidly due to three years' of underwriting losses in the insuranc...
Car insurance premiums have risen rapidly due to three years' ofunderwriting losses in the insurance market and a stagnant stock market,
claims the AA. George Lowe, director of AA Insurance, said that insurers
have responded by "merging to create economies of scale, and increasing
premiums on car insurance". Premiums are now on average £78 more than two
years ago, however, motorists can make a 30% saving by shopping around.
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