Car insurance premiums 'higher than ever' by Finance News Bulletin

Published: 20/09/07

British motorists are paying more for their car cover premiums than ever, the AA's newest index indicatesThe average cost of an yearly car insurance policy rose to £822 in the first quarter of 2007, a rise of 25 per centOver the last year the AA's directory shows that premiums rose by eight per cent, despite decreasing slightly in the preceding quarter

This is double that of an insurance rule as indicated in the first AA index in print ten years agoKevin Sinclair, managing director of AA Insurance, supposed: "There is still a large gap between premium income and the price of claims so I'm not surprised to see the usually upward trend of the previous year resuming I believe this trend is likely to continue"AA figures also indicate that third social gathering, fire and robbery insurance rose to its highest ever level by

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