Cost of insuring car may rise 10%
Published 03/01/2013 | 08:00
Drivers are facing hikes to their car insurance premiums after sharp increases to insurers' own costs.
Brokers have put the rising costs down to increasing concerns by reinsurers over the way in which people are being compensated for accidents. The knock-on effect for UK policyholders could mean a 3%-10% premium rise.