IPT increase

Brokers & Consumers Brace for Another IPT Hike

Sadly for consumers, insurance premiums have steadily risen over the past several years. According to the British Insurance Brokers’ Association (BIBA), home insurance and motor insurance premiums increased by 2.2% from 2015 and 2016. Business enterprises had it worse, however, especially small and medium-sized enterprises, which experienced a 3% increase. Unfortunately, 2017 isn’t shaping up[…]