The increase in the cost of car insurance in the past year may in part be due to a rise in the cost of claims for insurers.
Drivers have been warned they could face a £132 increase when the time comes to renew their car insurance this year.
“Typically, insurers consider motorists in both age groups as more likely to make a claim which could lead them to see higher premiums. Over the longer term, motor insurance has tracked very close to inflation, the Association of British Insurers said.
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