Motor insurance payouts hit record high in 2023
The Association of British Insurers’ latest Motor Insurance Claims Tracker has revealed that motor insurers paid out a record £9.9bn in motor claims in 2023.
£8.4bn was paid out in 2022, making 2023’s figure the highest annual figure since the ABI began collecting claims data back in 2013.
On top of that, 2023’s £9.9bn figure meant that insurers paid out an
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