Car insurance premiums to rise
Although the average cost of car insurance premiums have fallen by 2 per cent in 2006, the cost to motorists is set to rise. Royal Bank of Scotland has been increasing the cost of their premiums by 5 per cent during the last quarter, it will add a further 1 per cent to premiums per month for the first sim months of this year. Last year Norwich Union increased its premiums by almost 40 per cent. Brands backed by the RBS include some of the biggest names in insurance and the increase in premiums will affect huge numbers of drivers, including those insured through Churchill, Lloyds TSB, Direct Line and Tesco. The rises through RBS and Norwich Union insurance will affect four in every 10 motorists. |