The Average Insurance Premium Rose 5% In One YearFebruary 25th, 2008
Did you know that your car insurance is now costing you 5% more now than it did a year ago? Well, new figures have revealed the increase with motorists aged 40 to 50 facing the biggest increases.
Although the average insurance premium has increased to 5.24% in just 12 months, for the motorists aged 40 to 50, the average rise was a staggering 7%!
For all motorists the average premium now costs £497.26 but the under-25s, who have faced a rise of 6.59%, now pay an average of £1,255.99
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