Brexit or inflation? Who is to blame for our rocketing car insurance bills

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Brexit or inflation? Who is to blame for our rocketing car insurance bills
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Inflation has had an impact on how much people are paying for their car insurance bills

Shortages of semiconductors and other materials needed for vehicle repairs have driven up repair costs.

“Garages don’t tend to be as visible as shops or post offices, for example, so people don’t notice when they disappear. But lack of supply and increased demand has led to long wait times for repairs even though people are paying increased costs.” “If insurers worked better with the repair network, they might find a better solution than sending people either to their local garage with a two week wait when they could go to one slightly further away and have less of a wait, utilising resources better and ensuring drivers get better value for money.

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