It’s a good time to be a major price comparison site. As premiums have risen , the number of consumers shopping around and buying policies through the big four aggregators has also risen dramatically in the last 12 months.
Motor Insurance prices have continued to increase this quarter, with middle of the market ages seeing the greatest rise, according to our latest price index.
The increase in the cost of renewal premiums witnessed since the increase in IPT in November 2015 has also re-focused consumer interest on price.
The number of customers shopping around for Motor insurance has spiked since November 2015. This is as a direct result of the rise in insurance premium tax (IPT) and also a general rise in insurance premiums that took place in Q4-2015.