Quoted motor insurance premiums have jumped by 67.2% annually – index
Research from Consumer Intelligence indicates that in November, motorists most commonly received a quote between £500 and £749.
Stay updated with breaking news from Consumer Intelligence. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Research from Consumer Intelligence indicates that in November, motorists most commonly received a quote between £500 and £749.
It now costs nearly £3,000 on average for an 18-year-old to insure a car, according to Confused.com
UK car insurance costs increased the highest amount on record last year, according to a closely watched index, and London was the worst.
The Financial Conduct Authority’s head of insurance Matt Brewis has labelled premium finance a “poor product”, and warned the regulator has “talked about it
Homeowners left devastated by recent storms will be hit by a massive hike in insurance premiums if they claim for damages for the first time.