Cheapest car insurance for four years on sale now thanks to lockdown - News Summed Up

Cheapest car insurance for four years on sale now thanks to lockdown


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



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