Jan25

Record motor insurance hike of 20% on car renewals!

by admin on January 25th, 2010 at 11:45 pm
Posted In: Insurance

The average annual premium is now £564.19 – almost 20pc more than it was this time last year, according to market research firm Consumer Intelligence. Motorists renewing car insurance policies face the largest annual hikes ever recorded, according to research from independent market research firm, Consumer Intelligence. The average annual premium is now £564.19 – almost 20pc more than it was this time last year, according to market research firm Consumer Intelligence. Those who have endured the biggest rise are 17-24-year-olds, with the average going up nearly 25pc to £1,489. Men are facing the most significant increases on their insurance premiums. In the last 12 months the average policy for a man has increased by 20pc to £599.65. This compares to an increase of 19.1pc to £523.55 for women. More

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  2. Average young male drivers insurance is now £4000!
  3. Insurance premiums hiked up for those convicted of speeding!
  4. Increase in fraud gives fastest rise in car insurance premiums!
  5. Car insurance up 40% in last year!