British motor premiums see modest rise in first quarter of 2024
- The cost of car insurance in the UK rose 1% in the first quarter, a survey showed on Monday, indicating an easing in the rise of premium seen last year.
"We understand that car insurance costs are putting pressure on household finances. These figures show how competitive the motor market is, with insurers absorbing significant cost rises but keeping prices relatively stable," Mervyn Skeet, ABI's director of general Insurance policy, said in a statement.Scan QR code to install app
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