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EY predicts 8% motor premium increase

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Motorists can expect an average 8% rise in the price of their insurance which is equivalent to a £30 annual increase per driver, according to EY research.

EY's biannual UK motor insurance results said the 8% price hike will inject £900m into the UK motor market.

Claims inflation was forecast at 5% for 2015, increasing to 5.4% in 2016. Overall, insurers

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