The Association of British Insurers (ABI) has commended the significant positive impact of the Fire Safety Reinsurance ...
according to data from the Association of British Insurers (ABI). The body said rising theft and repair costs are continuing to have an impact on premiums. The average cost of motor cover across ...
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The average cost of car insurance in 2024 was 15% higher than in 2023, the latest data from the Association of British Insurers (ABI) shows. Quarterly figures show prices are slowly dropping, however.
Association of British Insurers data shows that in 2024 insurers paid out £11.7 bn in motor insurance claims. This was the highest annual figure since it began collecting this data in 2013.
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Motor insurers paid out a record £11.7 billion in car insurance claims in 2024, with the average cost of cover paid by drivers rising by £78 annually, according to data from the Association of British ...