ABI tracker sees 2% dip in motor premiums

Cars on a motorway

The average price paid for private comprehensive motor insurance fell 2% from Q4 2014 to £360 in the first quarter of 2015, according to the Association of British Insurers' quarterly premium tracker.

While this was an increase on the same period in 2014, it was down 5% on the first quarter of 2013.

Rob Cummings, ABI general insurance manager, said: "Motorists are continuing to benefit from a

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