The ability to purchase car insurance online is helping to keep the cost of premiums down, it has been claimed.
According to AA Insurance, the fact that customers can shop around so easily means insurers have to keep prices low.
Andrew Strong, chief executive officer of AA Insurance, said: "Online buying means that buyers are much more likely to shop around for car insurance and buy on price. That is keeping premium rises in check."
Figures released by the firm show that car insurance premiums rose by and average of 5.9 per cent during 2007.
Mr Strong believes that car insurance premiums are expected to increase by a similar amount in the coming year.
He said: "It remains a very volatile and competitive market and we don't see that changing in the immediate future."
Last week, Which? Legal Service said that people with so-called comprehensive car insurance should check the small print on their policies as they can often exclude major items such as windows .
Internet keeps car insurance prices low
Financial Services > Car lnsurance > News
Internet keeps car insurance prices low
Thu, 13 Mar 2008
Recommended links
Car insurance comparison portalCar insurance quote form
Today's best car insurance policies
Comprehensive Car Insurance
What does comprehensive insurance not cover?
Questions to ask your insurer
Car insurance premiums on the rise, study finds
Premiums on car insurance increasing
| Car Insurance news |
|---|
| Poor standard of roads adding to car insurance premiums - Tue, 05 Apr 2011 |
| Car insurance holders urged to get regular eye checks - Fri, 01 Apr 2011 |
| Civil litigation reforms could see fall in car insurance premiums - Thu, 31 Mar 2011 |
| More News |
Car FinanceSimplyhealth Dental Plan
Affordable cover from only £7.50 per month. Join now and get first month FREE
Protect Your Health
Find Critical illness, Life and Private Medical Insurance PMI policies.
Save on Your Mortgage
Would you like to save money on your mortgage? Fill out our quick mortgage enquiry form.