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The Independent UK
The Independent UK
Business
Ruth Emery

Tens of thousands of drivers switch to third-party insurance in desperate bid to cut costs

Getty

Tens of thousands of drivers are increasing the excess on their policies or switching to third-party-only cover in a desperate bid to cut costs, The Independent can reveal.

The behaviour has been called “deeply concerning” by a leading consumer expert, while others warned that reducing insurance cover is risky and can turn out to be a “false economy”, making claims more expensive.

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