What affects car Insurance premiums
9 Sept 2006
Car insurance premiums are being influenced by a number
of factors.
Downward Pressures
There is downward pressure on car insurance premiums
from new insurers coming to the market. The recent boom in online
insurers and the growing trend of purchasing insurance through the
internet has meant that the competition has push premiums down right
across the spectrum.
Upward Pressures
Conversely there are currently upwards pressures on
insurance too mainly from the increased litigation surrounding insurance
claims. More and more people are prepared to sue for personal injuries
following an accident and this trend is likely to continue for the
foreseeable future.
Long term trends
Unfortunately it appears that the long term trend is
likely to be upwards, as more and more personal injury claims are
raised.
Beating the trend
The only way to beat this trend is to search for the
cheapest insurance you can every year As online quotes are getting
quicker all the time, you can now get many quotes in the same time
as it used to take to get one. Keep looking, you'll finally find something
that will your search worthwhile.