Motor insurance premiums down 16% year on year
The latest General Insurance Price Index from Pearson Ham Group for Q4 2024 has highlighted a sharp decline in motor insurance premiums, as well as the first reduction in home premiums for a while.
According to the firm’s tracking of premiums, prices have dropped consistently every month since April.
This has culminated in a year-on-year reduction of 16% by December 2024, compared with the end
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