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BRIEF-UK March motor insurance rates up 3.5 pct vs Feb-survey
April 10, 2017 / 11:01 PM / 5 months ago

BRIEF-UK March motor insurance rates up 3.5 pct vs Feb-survey

LONDON, April 11 (Reuters) -

* UK March motor insurance premiums rise 3.5 pct vs Feb -survey

* Cut in discount rate to calculate injury claims boosts prices

* Rule change pushes up size of lump sum payments

* Average car insurance premium 781 stg ($970.31), up 16 pct y/y

* Data compiled by confused.com and Willis Towers Watson ($1 = 0.8049 pounds) (Reporting by Carolyn Cohn)

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