Skip advert
Advertisement

Car insurance costs fall

The average price of car insurance dropped during the third quarter of 2012, according to the AA

The cost of insuring a car is falling, according to the AA.

While premiums remained flat in the first two quarters of 2012, the average quote for comprehensive cover bought direct from an insurer fell by 2.9 per cent to £870 a year during the third quarter of this year.

Advertisement - Article continues below

The cost of buying through a comparison website also dropped by one per cent to an average of £612.

However, the average price of a taking out a policy direct from an insurer is still up six per cent compared to the same time last year.

Simon Douglas, director of AA Insurance, says that the fall is down to stiff competition in the market: “Competition is tough in the insurance market, forcing many companies to reduce premiums despite the fact that costs show little sign of abating. Nevertheless, some are still increasing premiums.”

Skip advert
Advertisement
Skip advert
Advertisement

Most Popular

Car Deal of the Day: 717bhp BMW M5 Touring super-estate on a tasty lease deal
BMW M5 Touring - front action

Car Deal of the Day: 717bhp BMW M5 Touring super-estate on a tasty lease deal

The BMW M5 Touring is M car royalty, with a thoroughly impressive PHEV powertrain. It’s our Deal of the Day for 29 June
News
29 Jun 2025
Electric car appeal is at its lowest since 2019
Opinion - Kia EV9 GT

Electric car appeal is at its lowest since 2019

From poor electric car sales to crashes in F1, Mike Rutherford thinks its been a crazy few weeks in the automotive world
Opinion
29 Jun 2025
New Skoda Epiq vRS to headline brand’s hot-SUV onslaught
Skoda Epiq vRS exclusive image

New Skoda Epiq vRS to headline brand’s hot-SUV onslaught

Every future Skoda will get the go-faster treatment, with the brand also working on making cars sharper and more engaging
News
27 Jun 2025