Average car insurance cost in UK nears £1,000 after prices rise 58%
- Young drivers are facing the highest car insurance costs on record, with average premiums for 17-20-year-olds rising by more than £1,000 from last year.
- Overall, drivers are paying 58% more on car insurance compared to last January, with average price rises reaching £995.
- The surge in insurance costs has led to concerns about younger drivers being pushed towards alternative transportation options.
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Average car insurance cost in UK nears £1,000 after prices rise 58%
Young drivers face huge increases as soaring costs help push up inflationThe average price of car insurance in the UK has broken records to stand at close to £1,000 after price rises of more than 50% last year, according to new data.Drivers can now expect to pay £995 for their car insurance, on average – the highest price ever in the UK – according to the latest index published by the price comparison website Confused.com. Continue reading...
·London, United Kingdom
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