Figures from the Association of British Insurers show that in the second quarter of the year comprehensive car insurance premiums stood at £460 on average. That's £14 cheaper than at the start of the year and £9 cheaper than the year before, and you can thank lockdown for the drop. Figures from hello-safe.co.uk show while in it was force, car accidents fell 69.4% while repairs dropped even more at 80.2%. The ABI's Laurenz Gerger said "Our latest motor premium tracker clearly shows that motorists have been benefitting from reduced road accident frequency during lockdown." (Image: NIC BOTHMA/EPA-EFE/Shutterstock)And while trips, accidents and repairs fell - payouts did too.
Source: Daily Mirror July 28, 2020 14:15 UTC