UK motor rates up 18.5% in Q2: Willis Towers Watson
The average comprehensive car insurance premium has increased by
18.5 percent year on year in the second quarter, as insurers
responded to the slash in the Ogden discount rate and the hike in
insurance premium tax (IPT).
According to the latest car insurance price index by Willis
Towers Watson (WTW) and Confused.com, the average comprehensive
motor premium has now reached £847 ($1,096), representing an
8.4 percent increase quarter on quarter.
This was the highest quarterly increase in seve
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