It's sometimes seemed as if only three things are inevitable: death, taxes and car insurance price hikes. But the AA has revealed that between July and September this year prices actually fell.
Its regular Insurance Premium Index survey of prices found an average drop of 2.9% to £870 for fully comprehensive policies direct from insurers. Meanwhile price comparison site quotes are down 1% to £612.
Both these drops are compared to the April-June period. In a direct comparison to the same period last year, direct insurer quotes are still up 6%, though price comparison site premiums are down a fraction.
The AA believes the figures show stiff competition in the market is finally overcoming the fact that costs to insurers are constantly increasing, particular the expense of paying for personal injury claims.
The price cuts could be shortlived for some drivers however: females, particularly younger drivers, face a price hike if renewing after 21 December when new EU rules come into force that ban insurers from charging differing prices solely on the ground of gender. Most analysts expect the result to be mainly an increase in prices for women rather than a price cut for men.