The average price of a car insurance premium has surged by 67 per cent in a year, new research has shown, as experts warn that prices could continue to rise further.
The 67.2 per cent rise marks the highest annual increase on record, narrowly beating the 61 per cent rise in the year to August 2023.
Research from Consumer Intelligence suggests that there are signs of a slowdown given that quoted premiums rose 10.6 per cent in the three months to November.
While this is still a…
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