THE cost of car insurance is falling after years of steady rises.
Average annual comprehensive insurance from April to June this year was £797 – a 7.1% dip on the spring 2011 figure, a survey by Confused.com found.
Biggest winners from the fall in prices are the elderly, with drivers aged 71 or more not only paying the least (£426 a year) but also enjoying the biggest year-on-year dip – 8.8%.
There were also big falls in the amount young drivers have to pay, but at £2491 the price of comprehensive insurance for a 17-20-year-old is higher than for any other age range.
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