Look around to avoid rising motor insurance premiums
Tue, 12 Jul 2005
Consumers are being encouraged to make sure their shop around to secure the best motor insurance deals.
The latest AA British Insurance Premium Index reveals that there has been a slowdown in the trend towards lower car insurance premiums.
The index highlights that the average cost of comprehensive car insurance premiums has risen slightly, although levels remain well below those prices seen in the 1990s.
"Tough competition in the car insurance market has helped to keep the lid on premiums over the past couple of years, despite steadily rising claims costs," Kevin Sinclair, managing director of AA Insurance said.
"If the recent downward trend had continued for much longer premiums may have bounced sharply up leading to of double-digit increases. While the risk of a sudden hike remains, modest increases make this less likely," he added.
Motorists are urged to use the internet to seek out the best quote and not to simply renew their current policy without first checking it offers value-for-money. 
© Adfero Ltd
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