AA Insurance says premium levels were expected
www.moneynews.co.uk > Insurance > AA Insurance says premium levels were expected
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AA Insurance says premium levels were expected
Fri 23rd Apr 2010
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Simon Douglas, director of the organisation, made his remarks following the publication of the AA British insurance premium index, which showed that average quoted premiums fell by 3.2 per cent, but the shoparound premium recorded a slight increase.
This latter index indicated what the cheapest quotes are for cover.
Mr Douglas claimed that the overall fall is down to the fall of some high-priced broker rates which have brought down the market average.
The AA Insurance expert highlighted how most cars are historically sold during the first quarter of the year and this will have impacted the level that providers offer their services for.
"Most years we have seen insurers hold their premiums during the first quarter of the year, when there is greatest competition for business," he added.
The AA recently advised drivers to use its credit card facility, since they can earn cashback on what they spend on petrol.
Click here for more insurance news
Related News : Insurance |
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Related News : AA |
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