News: Motor premiums predicted to rise full throttle through 2010

AA sign

Although car insurance premiums have stalled in the first quarter of 2010 they are expected to rise steeply during the rest of the year, according to research.

The latest AA British Insurance Premium Index, which tracks the movement of car and home insurance premiums every quarter, saw the average quoted premium for a comprehensive car insurance policy fall by 3.2%, while the average quoted premium for third-party fire and theft (TPFT) fell by 4.5%.

However, on comparison sites the average quoted premium for Q1 of 2010 for comprehensive cover rose by 4.6% and TPFT rose by 9.2%.

Simon Douglas, director of AA Insurance, said that while the "sudden stall"

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