An independent insurance comparison website, has realeased its results from the March 2012 “Tiger Watch” car insurance price monitor. It’s good news for motorists in the UK as it appears after analysis of hundreds of car insurance quotes each month policy prices are falling. The country can now enjoy a small sigh of relief with this news especially when we have just been told there will be yet another fuel price increase!
The results have revealed a fall in prices of more than 0.8%, this is a result of comparing March 2012 prices with those from February 2012. They also looked at last years premiums and in comparison they seem to be around 1.9% lower than March 2011.
However due to the high inflation rates the UK saw during 2010 & early 2011 the premiums recorded in March 2012 are still a massive 33% higher than those recorded in March 2010. Lets hope this new trend continues!!
Click here for a full analysis.