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The Independent UK
The Independent UK
Business
Vicky Shaw

Repair and supply issues putting pressure on price of motor insurance, says ABI

PA Archive

The average price paid for motor insurance fell to a six-year low in 2021, but cost pressures on the industry are starting to bite, according to the Association of British Insurers (ABI).

The average price paid last year for comprehensive cover was £434 – marking a 7% fall compared with 2020 and the lowest price since 2015.

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