Half of motorists expect premiums to rise at renewal

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Research from Consumer Intelligence found that older motorists are most worried about increasing costs. However, just 19% of 18 to 24-year-olds expect a higher bill at renewal. Ian Hughes, CEO of Consumer Intelligence, said: “Insurers need to be prepared for a massive jump in shopping around as drivers attempt to limit the rising cost of motoring. “Nearly half of all drivers expect their insurance bill to increase at the next renewal and will be looking to reduce costs against a background