Insurance premiums show a 16.3 per cent rise
A new report suggests that car drivers around the country are facing higher insurance premiums than this time last year. The best deals now show an increase of £82.
Anyone looking for comprehensive cover at the moment is looking at an average price of £586, according to AA.
This shows a 16.3 per cent rise compared to last year.
According to the motoring firm huge amounts of whiplash claims and rising insurance premium tax (IPT) are making up for the soaring prices of premiums.
AA’s director of insurance, Michael Lloyd told the BBC: “We are witnessing sustained price increases once again which is bad news for drivers,”
“I can’t see an immediate end to the current upward trend.”
The best place to go for cheap car insurance is Scotland, anyone who shops around can be looking at an average price of £422.
Those who pay the lowest in insurance premiums are people ages 60 to 69, at £361 whereas young people aged 17 to 22 face the biggest hit having to pay £1,287
The AA index will calculate the average of the five cheapest quotes of someone who is to shop around and what they are likely to be offered.
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