Motor premiums continue to rise into Q1 2017


Premiums for comprehensive cover have continued to rise during Q1 2017 to an average £781 according to the Car Insurance Price Index in association with Willis Towers Watson. The index showed that the benefits of a 1.8% month on month decrease in January have been cancelled out by a 3.5% rise in March. Willis Towers Watson says the “key factor” in the direction of rates is the government’s decision to cut the Ogden discount rate in February. Stephen Jones, UK head of P&C pr