Insurance brokers: 'Premiums have been coming down'

Motor insurance premiums are unnecessarily high due to the cost of replacement cars and repairs, the Competition Commission has said.

Graeme Trudgill from the British Insurance Brokers' Association told BBC Breakfast that premiums had been coming down.

He also welcomed the Commission's concern about price-parity contracts between price comparison websites and insurers, which prevent the policy being offered more cheaply elsewhere.