August 20, 2010

Many Brits are facing the chilling prospect of having to switch insurers at their next renewal as major insurance companies like Aviva and RSA raise the cost of motor insurance cover.

RSA has increased its rates by 13% for motor policies and claims it plans “to take action on rates as and when necessary.”

Meanwhile Aviva’s Davey Mac said his firm had imposed “double-digit” increases in motor premiums over the past six months.

Scratching his head perplexedly, he added: “In many respects it is surprising rates didn’t harden sooner.”


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