Food & Drink1 min ago
Average Car Insurance In The Uk Now Over £500
24 Answers
In this BBC report, based on 28 million policies, the average price was £511.
The report also states that the insurers paid out a total of £2.4 billion.
Well 28 million policies at an average of £511 works out at a total of £14.3 billion – so the motor insurance industry pocketed nearly 12 billion; or as a percentage of income, they paid out less than 20%.
What a rip off.
https:/
The report also states that the insurers paid out a total of £2.4 billion.
Well 28 million policies at an average of £511 works out at a total of £14.3 billion – so the motor insurance industry pocketed nearly 12 billion; or as a percentage of income, they paid out less than 20%.
What a rip off.
https:/
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