Mashing on the motorway meant much higher prices for motorists in the UK last year. Research released today from Confused.com, a UK-based insurance aggregator and price comparison service covering multiple lines of business, finds that car insurance prices rose by 38.2% in 2010 (taking the average premium paid across all age groups to 695 pounds Sterling). The percentage increase last years was more than triple the increase in 2009.
But the price pain for policyholders didn't end there. Third-party, fire and theft (TPFT) customers fared even worse, as their annual increase in price skyrocketed 56.3%, which is the equivalent of an extra 322 pounds.
Register or login for access to this item and much more
All Digital Insurance content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access