Car insurance rule change means premium costs could FALL for millions of drivers

Car insurance rule change means premium costs could FALL for millions of drivers …C0NTINUE READING HERE >>>

A MAJOR change to compensation rules could see car insurance premiums fall by an average of £50.

PricewaterhouseCoopers (PwC) is predicting premiums will drop by 5% for drivers in England and Wales.

1

Premiums could fall by an average of £50, PwC has saidCredit: Getty

Its forecast comes after the Government’s Actuary Department updated the personal injury discount rate (PIDR) from -0.25% to +0.5%.

The PIDR is used to determine how much compensation someone who has suffered a personal injury in…

>

Leave a Comment