Insurance Post

Half of motorists expect premiums to rise at renewal

fleet-motor

Almost half of drivers expect their premiums to rise at their next renewal, with one in 10 planning to stop driving if costs go up by £500 a year.

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

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