Association blames whiplash claims, repair bills and rise in insurance premium tax for rise at more than five times rate of inflation
Car insurance premiums have hit their highest recorded levels ever and rose at more than five times the rate of inflation during 2016, according to the Association of British Insurers.
Increases to insurance premium tax, increased repair costs and the rising costs of whiplash claims all conspired to send the average comprehensive policy to £462 in the last quarter.
Related: Crackdown on whiplash claims could knock £40 off car insurance bills
Continue reading...
0 Response to " Car insurance premiums at highest level ever, say insurers "
Post a Comment