The common motor insurance coverage premium fell by 2% in July to September to £612, based on the newest knowledge from the Affiliation of British Insurers, the second consecutive quarterly drop.
The worth of premiums fell 2% in Q2 having kicked off 2024 with a 1% rise.
Regardless of the newest discount the typical price of motor insurance coverage was £50 (9%) larger than the identical interval in 2023 attributable to robust hikes on the finish of that 12 months.
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