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Motor insurance pricing drops 5% in three months – Pearson Ham

By 2021-07-28T10:44:00

Price drop

‘Cashing in’ could be a potential strategy for insurers ahead of the FCA’s pricing remedies coming into force

Motor insurance prices saw a “sharp” drop of 5% in quarter one of 2021, mirroring the same premium reduction that was recorded across the whole of 2020, according to data from Pearson Ham’s latest Quarterely Market Price Index, published in July 2021.

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