Friday 9 December 2016

Punters again asked to pick up the pieces

Published 07/08/2015 | 02:30

Motoring premiums are up around 20pc in the past year
Motoring premiums are up around 20pc in the past year

At a time when the prices of many goods and services are falling, it is galling for consumers to be faced with demands to pay more for motor insurance.

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And it is not as if drivers bear much responsibility for this distasteful state of affairs. There are also fears of home insurance going up.

There are a whole range of reasons for surging insurance premiums - most of them have to do with the past conduct of insurers and the failure of regulators to rein them in.

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