Drivers urged to avoid auto-renewal mileage trap as insurance prices fall
UK motorists are being urged to make sure they don’t overpay for their insurance in 2021 after data from the Association of British Insurers (ABI) showed a significant drop in costs.
Figures from the ABI showed that premiums fell to a four-year low in 2020 largely due to the effects of lockdown, dropping to an average £465 for fully comprehensive cover.
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Hide AdStrict travel restrictions around the country saw a dramatic decrease in traffic levels and an associated fall in the number of insurance claims, which helped push down premiums.