Property News · March 6, 2017

Young drivers to bear the brunt as car insurance costs continue to rise


Changes to the way payouts for injury claims are calculated could see premiums soar by up to £1,000 for drivers under 25Getting the keys for a first car is a milestone in the lives of many young people. Another is the arrival of the first insurance bill, which shows that driving is an expensive business – and one that is about to get even more so.Changes announced by the government in how compensation payments are calculated are expected to affect motor insurance premiums across the board in the coming weeks – but drivers under the age of 25 are expected to be hit by disproportionately large rises. Continue reading…

Source : theguardian.com
Read more…Young drivers to bear the brunt as car insurance costs continue to rise

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