The average price that motorists are paying for their motor insurance continues to remain at a four year low according to the ABI’s latest Motor Insurance Premium Tracker. The ABI’s Tracker is the only survey that looks at the price consumers pay for their cover, rather than the price they are quoted. The average price paid for comprehensive motor insurance in the third quarter of 2020 was £460 … [Read more...]
Drivers on cruise control with insurance costs
BRITISH motorists are on cruise control when it comes to renewing their insurance premium. Research has revealed more than a third of drivers let their annual car insurance policy auto-renew instead of shopping round for the best deal. Customers who roll over their contract typically end up paying inflated premiums as part of a 'loyalty penalty' - and the numbers are increasing … [Read more...]