While insurance rates are not really known for fluctuating too much, the third quarter of 2012 has brought about a fall in UK car insurance rates - the first of the year, following six months of everything being flat and level. Now, the average cost of insurance, when bought directly from an insurer, has fallen by 2.9%.
This means that the insurance costs £870, on average, while the price of buying from a specialized site, with the possibility to compare, has also dropped by 1%, to £612, according to the AA. However, prices still remain 6% higher than those recorded last year, when it comes to taking out a policy directly from an insurer.
According to Simon Douglas, Director of AA Insurance, “competition is tough in the insurance market, forcing many companies to reduce premiums despite the fact that costs show little sign of abating. Nevertheless, some are still increasing premiums.”
Story via autoexpress.co.uk
According to Simon Douglas, Director of AA Insurance, “competition is tough in the insurance market, forcing many companies to reduce premiums despite the fact that costs show little sign of abating. Nevertheless, some are still increasing premiums.”
Story via autoexpress.co.uk