PERSONAL FINANCE: Competition Brings Benefit for the Motorist in Spite of Premium Fears

Consumers will continue to benefit from fierce competition in the car insurance market, despite fears of a widespread hike in premiums, it was claimed this week. Firms trying to both raise premiums and maintain market share would find it "almost impossible", Defaqto said. Its report, Motor Insurance in the UK - Adapting to Survive, said average premiums, particularly for comprehensive cover, were almost static.....

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