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Average car insurance soars to £843

Comprehensive car insurance cover has been driven up by 12.3%, or around £92, in the space of a year, taking the typical premium to £843, new research shows.

Third party, fire and theft customers fared even worse, suffering an annual 19.9% rise, equating to an increase of £192 over 12 months.

The biggest annual price hikes for comprehensive cover were in the North of England, according to the Watson Car Insurance Price Index data, which uses more than four million quotes.

Bradford suffered a 27.5% year-on-year rise in the cost of average comprehensive cover, taking premiums to around £1,394, while Oldham fared even worse with a 27.9% year-on-year increase to an average premium of £1,437.

Scotland saw the lowest annual premium rises in the UK for comprehensive cover, with cover in Perth up just 0.3% on the year to an average £564. Kirkwall had a 0.8% rise to reach £620.

But despite the year-on-year hikes, the average price of a comprehensive car insurance policy fell by 1.6% during the third quarter of 2011 - the first quarterly decrease for more than three years.


From Belfast Telegraph