Sunday 23 April 2017

Punters again asked to pick up the pieces

Motoring premiums are up around 20pc in the past year
Motoring premiums are up around 20pc in the past year
Charlie Weston

Charlie Weston

At a time when the prices of many goods and services are falling, it is galling for consumers to be faced with demands to pay more for motor insurance.

And it is not as if drivers bear much responsibility for this distasteful state of affairs. There are also fears of home insurance going up.

There are a whole range of reasons for surging insurance premiums - most of them have to do with the past conduct of insurers and the failure of regulators to rein them in.

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