MMA announces premium increases totalling 12.5%.
MMA, formerly known as Norman Insurance, has announced its second increase on motor trade road risks...
MMA, formerly known as Norman Insurance, has announced its secondincrease on motor trade road risks policies in as many months.
Assistant general manager Tony Wright said: "We had an increase of 5% on
base rates last month, and a further 7.5% rise will take effect from 1
July."
MMA's motor trade products serve a niche market, covering self-employed
motor traders who require cover for road risks only. Existing
policyholders will benefit from a loyalty discount of 2% and there are no
increases on
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