Drivers may pay the price
Niche areas within motor insurance such as cover designed specifically for young drivers could see rate increases of up to 20% after Quinn Insurance was ordered to cease underwriting in the UK, according to motor brokers.
In a statement, Gerry Bucke, operations director at broker Adrian Flux, claimed UK drivers under the age of 25, or those with a low or no claim bonus, could face steep premium increases.
"Because
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