Wednesday, October 29, 2008

Rising crime inflates insurance premiums

The comparison website has linked rising car crime with rising premiums and found in areas of high crime a policy can cost over £250 more than in an area of low crime.

With the most vehicle crimes per household, the north-west and London are paying more for their car insurance compared with other regions in the UK.

On average, motorists in the north-west pay £844.74 and Londoners, £804.68 per year, an indication that crime, among other factors, may be keeping insurance premium rates disproportionately high, comparethemarket.com said.


Source

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