February 23, 2009
Car insurance – Up and Down
Story link: Car insurance – Up and Down
Insurance companies are constantly changing their pricing structure around to suit themselves; this is mainly due to the fact that they take into account not just total claims, but their current operating costs as well. If insurers want to stay ahead of the game this year, then they will want to start chopping their prices back slightly.
Recent figures have revealed that car insurance premiums fell by more than 3 per cent, in the last six months of 2008.
Car insurance provider, Sainsbury’s Car Insurance, found that the average motor insurance premium, in June 2008 was, £514.16, which is 3.1 per cent higher than the figure in December of the same year at £498.22.
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