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Motor and home premiums fall almost 7% in past year

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The British Insurance Brokers’ Association has highlighted government and industry initiatives as a contributing factor behind a 6.8% reduction in the cost of motor and homes insurance in the past year.

Premiums fell by 4.9% in the second quarter of 2014 compared to Q2 in 2013. This, coupled with the current inflation rate of 1.9%, provides a real term customer saving of almost 7% on this time last

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