Motor premiums set to rise by 29% by 2018

Motor premiums will rise by up to 29% by January 2018 due to hikes to Insurance Premium Tax, increasing repair costs and the EU's Vnuk ruling.

Premiums for a standard car driver are set to increase by 20% to £360. Commercial drivers can expect to see a 29% increase.

Research from ERS suggests that the main factor of the premium rise is the

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