Tag Archives: Association of British Insurers

Average Motor Insurance Claims Hit All Time High

Motorists may be interested to read that, according to the Association of British Insurers (ABI), the average amount of a claim on a motor insurance policy is now £3,106. This is the highest that it has ever been. Why should … Continue reading

Motor Insurance Premiums Continue To Rise

Unfortunately for many motorists, motor insurance premiums have continued to go up in the last few years for a number of reasons. This is borne out by the Association of British Insurer’s (ABI) most recent Motor Insurance Premium Tracker. The … Continue reading

ABI Suggests Ways To Possibly Lower Car Insurance Premiums

An awful lot of motorists have seen their car insurance premiums increase in the last year or so. In a document entitled “Lifting The Bonnet On Car Insurance” produced by the Association of British Insurers (ABI), one of the areas … Continue reading

Will Insurance Premium Tax (IPT) Rise Again?

On average, car insurance premiums rose by quite a sizeable sum last year. In fact, just in the final quarter of 2015, such premiums went up by an average of 7% according to the Association of British Insurers (ABI). Part … Continue reading

ABI’s Motor Insurance Claims Statistics

Millions of car owners have motor insurance notwithstanding the fact that, for some, this will be because it is a legal requirement to do so unless your vehicle is declared SORN (Statutory Off Road Notification) and kept off the public … Continue reading

Large Number Of Fraudulent Motor Insurance Applications

According to research carried out by the Association of British Insurers (ABI), there are a huge number of motorists providing fraudulent information when applying for motor insurance. Needless to say, this is a regrettable situation. You may be surprised to … Continue reading

Some Car Insurance Premiums Drop In Q1 2015

What is happening with car insurance premiums? It had appeared that they were on the increase. Back on the 7th April we discussed this very thing with CompareThe Market reporting that the average premium in the 12 months to February … Continue reading

Are Car Insurance Premiums Fair In Comparison To Claims Amounts?

Research has been carried out by Which? that makes for interesting reading and may go some way towards answering the above question. Utilising information provided by the Association of British Insurers (ABI), Which? compared, across 14 age groups, the average … Continue reading

Almost 3,500 Fraudulent Motor Insurance Applications A Week Detected

Many of you will be aware that there are a number of fraudulent applications for motor insurance but did you realize the huge scale of the problem? Would you be surprised if we were to tell you that last year … Continue reading

Fully Comprehensive Car Insurance Premiums Fall In 2013

It is always good to convey some positive news but in doing so we suggest some caution as well. This relates to figures provided by the Association of British Insurers (ABI) in respect of the average cost of fully comprehensive … Continue reading