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Daily Mirror
Daily Mirror
Business
Levi Winchester

Car and home insurance rise by £88 - as yearly household bills now cost £747 more

Households are paying £88 more for car and home insurance compared to a year ago, according to new research.

Analysis from Compare the Market shows the typical cost of car insurance is £613 – this is up by £81 based on what drivers paid in 2022.

The average cost of home insurance is currently £159 – up £7, or a 5% rise, on a yearly basis.

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