Car insurance quotes jump by a third in a year but worst could be over

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On a quarterly basis, average quoted prices have fallen, despite a 34 jump in prices over the past year, Consumer Intelligence said.

The worst of the motor insurance price hikes could be over, despite quotes jumping by around a third over the past year, according to an index.

But the worst could be over, with average quotes falling by 1.3% in the three months to May, marking the first time since the last three months of 2021 that there had been a quarterly fall in prices. The south west of England bucked the general trend with quoted prices increasing by 0.8% over the three months to May.

 

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