Alarm bells should still be ringing for car insurance renewals

Gocompare.com urges consumers not to be fooled by respite in premium increases. Lee Griffin, business development director of leading insurance comparison website Gocompare.com, comments on the AA's premium index: "Alarm bells should be ringing when the car insurance renewal quote drops through the letter box this year.  Don't be fooled by any respite in premium increases.  The reality for anyone renewing their car insurance today is that on average, premiums have risen by more than 13 per cent since this time last year, according to the latest figures from the AA.  

"When premiums are rising it is more important than ever to check what other insurers could offer you.  If you happen to be with the wrong insurer at the moment, you could be facing a hefty rise.  It is often possible to get very similar cover for a much lower rate simply because each insurer will have a very different view of you as a risk and some insurers will not have increased their rates as much as others."