This article from the AA brings out in concrete numbers what we all have been hearing about motor premiums in the UK - a sharp rise of nearly 40% in the Shoparound cost of an annual comprehensive car insurance policy, and of about 55% for a TPFT cover - the biggest annual jump recorded in this index maintained by AA.
There has been an increasing trend in the Home Insurance Shoparound price (nowhere nearly as high as that seen in Motor). The market average for home insurance has more or less stayed at the same level. According to analysts, home insurance is still value for money - in contrast with motor premiums which have been adversely affected by the proliferation of claim lawyers and fraudulent claims.
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