ABI - motor insurance up 21% in last year to £511; reflects "33% rise in vehicle repair costs in last year" and 40% rise in labour rates

The ABI’s latest Motor Insurance Premium Tracker shows that the average premium paid for private comprehensive motor insurance in Q2 2023 was £511, up 7% on Q1 2023 and up 21% in the last 12 months. .....

Publication date: 11/8/2023 09:20

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