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The Independent UK
The Independent UK
National
Vicky Shaw

Average cost of motor insurance heading upwards, analysis finds

PA Archive

The average cost of a motor insurance premium has increased by 7.8% over the first five months of 2022, to reach £786, according to analysis.

Consumer Intelligence, which published the research, said signs of inflation are starting to take hold, with upwards pressure on insurance prices coming from claims costs and repairs.

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