Looks like a spring sale on car insurance
A study by AA has revealed that most of the insurance providers have put a hold to the increase in their premiums for cars.
The latest figures for AA’s British Insurance Premium Index has revealed that there is not going to be a lot of change in the average quoted premium for a comprehensive cover during the first quarter of the year 2009.
The director of AA car insurance, Mr. Simon Douglas, said that though presently there has been temporary leveling off of premiums, he is expecting the business to accelerate upward, post march.
Mr. Douglas also explained how the first quarter of the year is to very important for insurance companies as they need to keep in pace with the competition as its during this period that most insurers get new business while the older custmers need to renew their insurances. Thus, keeping a low on premiums get the providers to survive amongst the competition.
Article written by the marketing division of Compare.Com.
Tags: car, compare, compare car insurance, comparecom, insurance
