Motor insurers could be entering a deflationary price war according to one of the largest surveys of the market, conducted by Confused.com.

The independent car insurance search site released figure ...

Motor insurers could be entering a deflationary price war according to one of the largest surveys of the market, conducted by Confused.com.

The independent car insurance search site released figures showing average car insurance dropped nearly 1% in the three months up to September.

Motor premiums now stand at an average of £701.01 down £6.17 over the quarter. The fall was led by the performance car sector, which dropped 1.5%; family car insurance went down 1.2%, while economy car insurance remained static.

The figures are based on 27,500 separate quotes across the industry.

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