Car insurance costs rise by new record, says AA
The AA has recorded the biggest jump in the cost of car insurance since it started tracking the market, with young people bearing the brunt of the rise.
Figures due to be published this week show premiums for 17 to 22-year-olds have risen by 47% in a year.
Young male drivers are paying the most, with the average of the three cheapest quotes they get being £2,457. That is nearly double the premiums offered to young women, the motoring group said.
The insurance costs are being blamed on another surge in claims for injuries sustained in accidents. "If you have an accident which leaves someone disabled, the claim can be up to £15m," said Simon Douglas, director of insurance at the AA.
source: BBC News
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