Aviva customers braced for 15% price hike

AVIVA is set to hike the cost of its insurance coverage for the fourth time in just two years after announcing a 15% price rise that will come into effect in February.

The announcement means that come February, Aviva’s 350,000 customers will have seen a 48% rise in costs since autumn 2009, with a 14% premium increase in October 2009, a 5% rise in May 2010 and a 14% rise in March this year.

A €40 charge was also imposed on customers last April.