We do like to keep our readers in touch with any possible impending changes to motor insurance premiums. So, it is interesting to see that the Confused.com car insurance price index for the three months to the end of September 2017 has revealed that the average cost of comprehensive car insurance has fallen.
Whilst not a huge reduction, a drop of 1% has the effect of reducing premiums by an average of £9 per annum from £847 per annum to £838 per annum. Whilst this is to be welcomed, the average cost of such cover in the 12 months to the end of September 2017 has risen by £101 with this equating to a rise of 14%.
So, is this likely to be a pattern that will continue throughout the rest of the year and beyond? Well, nobody has a crystal ball so we cannot be certain what is going to happen. However, it is interesting that, according to the above index, the month of September 2017 witnessed a rise of 1% in premiums for fully comprehensive car insurance.
Whatever happens to premiums in the future motorists should seriously consider shopping around for their cover whether he or she is a new driver looking for their first motor insurance policy or an existing motorist whose policy is shortly coming up to the renewal date.
Regrettably, too many people just decide to remain with their existing insurer when, if they were to obtain a number of alternative quotes on a like for like basis, cheaper cover may have been obtained elsewhere.
Getting alternative quotes is usually a quick and simple thing to do. You could obtain quotes from the likes of your bank, the Post Office, an insurance broker, direct from an insurance company or through the Internet by using the likes of a price comparison website. It is often possible to arrange cover straight away and when using the Internet to do so 24/7 from the comfort of your own home.
