Motor premiums down 7.5% in first quarter
Price index reveals downward trend has continued.
Motor insurance prices have declined again in the first quarter of 2014, according to the latest Confused.com Motor Insurance price index.
The index, which is published in association with Towers Watson, showed average prices down by 7.5% over the last quarter, meaning that comprehensive prices have fallen by around 19% over the past year.
This represents a £140 reduction, with average price now standing at £596 – the last time the average premium fell below £600 was in 2009.
Confused stated
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