PwC ideas Northern Irish motor premium to drop 15% after Authorities evaluation – Insurance coverage Age

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Are Northern Ireland brokers feeling the personal lines capacity squeeze more than most? - Insurance Age

Motor insurance coverage premiums for Scottish and Northern Irish drivers have been tipped to lower by a mean of £60 (10%) in Scotland and £90 (15%) in Northern Eire following a Authorities evaluation.

PwC’s prediction comes after the Authorities Actuary immediately introduced the outcomes of the evaluation into the private harm low cost fee for Scotland and Northern Eire, which can result in the speed altering from -0.75% to +0.5% in Scotland, and from -1.5% to +0.5% in Northern Eire.

The consultancy famous the speed change may additionally see motor insurance coverage premiums drop in different areas of the UK, doubtlessly by between 1% and a couple of.5% – which might be a £50 discount for some younger drivers. 

PwC defined

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