{"id":56280,"date":"2017-05-29T22:12:54","date_gmt":"2017-05-29T15:12:54","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/car-insurance-in-uk-hits-record-high-as-tax-rate-on-premiums-increases\/"},"modified":"2017-05-29T22:19:34","modified_gmt":"2017-05-29T15:19:34","slug":"car-insurance-in-uk-hits-record-high-as-tax-rate-on-premiums-increases","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/car-insurance-in-uk-hits-record-high-as-tax-rate-on-premiums-increases\/","title":{"rendered":"Car insurance in UK hits record high as tax rate on premiums increases"},"content":{"rendered":"


\nIPT moves from 10% to 12% on 1 June, while average policy reaches \u00a3800, 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 \u00a3800 next month, a rise of 14% on a year earlier and \u00a3200 more than in June 2015. Continue reading…
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\nSource : theguardian.com
\nRead more…Car insurance in UK hits record high as tax rate on premiums increases<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

IPT moves from 10% to 12% on 1 June, while average policy reaches \u00a3800, says...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-56280","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-eDK","jetpack-related-posts":[{"id":52494,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/average-uk-car-insurance-premiums-up-8-in-a-year\/","url_meta":{"origin":56280,"position":0},"title":"Average UK car insurance premiums up 8% in a year","date":"April 21, 2017","format":false,"excerpt":"\r Association of British Insurers says typical cover is now \u00a3462 as whiplash claims and tax hikes hit motorists hardHigher taxes and whiplash claims have pushed the average car insurance premium up by 8% over the last year, adding \u00a334 to the average annual cost for drivers, according to the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":42689,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/car-insurance-premiums-at-highest-level-ever-say-insurers\/","url_meta":{"origin":56280,"position":1},"title":"Car insurance premiums at highest level ever, say insurers","date":"February 3, 2017","format":false,"excerpt":"\r Association blames whiplash claims, repair bills and rise in insurance premium tax for rise at more than five times rate of inflationCar insurance premiums have hit their highest recorded levels ever and rose at more than five times the rate of inflation during 2016, according to the Association of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":36044,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/car-insurance-premiums-to-rise-to-600-after-tax-hike\/","url_meta":{"origin":56280,"position":2},"title":"Car insurance premiums to rise to \u00a3600 after tax hike","date":"November 26, 2016","format":false,"excerpt":"\r AA warns of soaring costs from June following autumn statement announcementCar insurance premiums are set to break through the \u00a3600 barrier for the first time next year as insurers pass on higher costs and this week\u2019s premium tax hike, experts are warning. On Wednesday the chancellor, Philip Hammond, announced\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":60992,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cost-of-car-insurance-in-uk-hits-record-high-after-11-jump-in-12-months\/","url_meta":{"origin":56280,"position":3},"title":"Cost of car insurance in UK hits record high after 11% jump in 12 months","date":"July 18, 2017","format":false,"excerpt":"\r Changes to compensation rules and rise in insurance premium tax blamed, as drivers pay \u00a3484 on average for annual policyThe cost of car insurance has soared by 11%, nearly four times the rate of inflation, over the past year, taking the cost of motor cover to a record high.UK\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":93909,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/car-insurance-costs-fall-as-fears-over-payout-changes-subside\/","url_meta":{"origin":56280,"position":4},"title":"Car insurance costs fall as fears over payout changes subside","date":"July 16, 2018","format":false,"excerpt":"\r Average premium drops to \u00a3752 after rising to \u00a3847 in second quarter of 2017 The average cost of car insurance has tumbled by more than a 10th over the past year, as fears subsided about potentially huge increases in payouts after car crashes.Insurers raised premiums sharply in 2017, partly\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":31790,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/aa-reports-rise-in-car-insurance-premiums\/","url_meta":{"origin":56280,"position":5},"title":"AA reports rise in car insurance premiums","date":"October 27, 2016","format":false,"excerpt":"\r Average annual policy costs rise 16% year-on-year, with expensive technology on cars and whiplash claims cited as reasonsDrivers are paying almost \u00a382 more for car insurance than a year ago and are likely to see premiums rise further, according to the latest figures from the Automobile Association (AA).The average\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/56280"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=56280"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/56280\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=56280"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=56280"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=56280"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}