Auto insurance in the U.K. became much more costly, last year

british UK auto insurance money expense cost

According to data from the ABI, premiums for insuring a car increased by an average of 8 percent. In the final quarter of last year, auto insurance premiums in the United Kingdom increased by an estimated 7 percent, when compared to the rates that had been charged to customers during the previous quarter. Throughout all 2015, it is estimated that the increase in car insurance premiums in the U.K. was 8 percent. The increase in auto insurance increases had a great deal to do with a premiums tax that has…

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