IPT moves from 10% to 12% on 1 June, while average policy reaches £800, says price comparison site The average cost of car insurance will hit a record high as a higher rate of tax on premiums comes into effect, pushingup prices even further.According to comparison website comparethemarket.com, the average policy will reach £800 next month, a rise of 14% on a year earlier and £200 more than in June 2015. Continue reading…
Source : theguardian.com
Read more…Car insurance in UK hits record high as tax rate on premiums increases















