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Clearer insurance pricing


FROSTYBALLS
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According to Which?, the Financial Conduct Authority have confirmed that from April 2017, insurers must publish customer's previous premiums alongside their renewal quotes. Renewal letters should also mention about shopping around for better deals. 

Additionally, insurers will need to write separately to customers who have renewed with them four times in a row.

This should make it easier to compare the renewal quote against the previous year's premium.

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