UK car insurance premiums in Q1 drop to lowest level since 2015, survey shows | Malay Mail

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LONDON, April 20 ― The cost of a comprehensive car insurance policy in Britain slumped 14 per cent in the first quarter of 2021, to their lowest level since 2015, as different phases of lockdowns in the country kept motorists off the streets, a survey showed. UK motorists now have to pay £538...

Tuesday, 20 Apr 2021 07:05 AM MYT

UK motorists now have to pay £538 on an average for their comprehensive car insurance premiums, according to the latest index from price comparison site Confused.com in association with insurance broker Willis Towers Watson. “The sensitivity of the current economic climate means that these savings couldn't come at a better time.”

Premiums during the first three months of 2021 fell by 7 per cent compared with the prior quarter, according to the survey that adopted an updated calculation methodology.

 

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