Category Archives: Insurance

How To Save Money The Next Time You Pay For Car Insurance

Car insurance premiums have reached rather daunting heights recently. In fact, What Car? has cited Association of British Insurers figures revealing that the increase has been at least 11% – that’s £48 – during the past year. This increase has brought the average car insurance premium up to £484.

The situation has been sparked by numerous factors. For instance, the past year has seen Insurance Premium Tax rise from 6% to 12%, while the Government has dramatically slashed its discount rate for personal injury payments; this rate went from 2.5% down to -0.75% in March 2017. As a result, compensation payments have grown in value. Continue reading…