11/03/2021 | News release | Distributed by Public on 11/02/2021 18:35
The average price motorists are paying for their motor insurance continues to fall according to the ABI's latest Motor Insurance Premium Tracker, published today. The ABI's Tracker gives the most accurate picture of the price of motor insurance as it looks at the price consumers pay for their cover, rather than the price they are quoted.
Laura Hughes, ABI's Manager, General Insurance, said:
"Motorists continue to see the benefits of fewer claims made during the pandemic lockdowns. While next year will see some significant changes in how motor insurance is priced with the introduction of pricing reforms, and continued cost pressures around repair costs, the market will remain competitive, so it will still pay for motorists to shop around for the best deal for their needs."
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Notes for Editors
Enquiries to:
Malcolm Tarling 020 7216 7410 Mobile: 07776 147667
Laura Dawson 020 7216 7338 Mobile: 0772 5245838
Sarah Aspinall 020 7216 7412 Mobile: 0772 5245297